H.B. No. 89 introduces a new provision to the Government Code, specifically adding Section 1253.0015, which restricts political subdivisions from proposing the issuance of general obligation bonds for projects that have been previously rejected by voters within the last two years. Under this new law, if a political subdivision has submitted a proposition for the issuance of such bonds that was either identical or substantially similar to a prior proposition that voters did not approve, they will not be allowed to submit that proposition again within the specified timeframe.
The bill aims to ensure that voters' decisions regarding bond proposals are respected and not repeatedly challenged within a short period. The changes will only apply to propositions submitted for elections ordered after the effective date of the Act, which is set to take effect 91 days after the conclusion of the legislative session.
Statutes affected: Introduced: ()