1333.001 – BOND REVOCATION ELECTION REQUIRED. (a) The
Texas Government Code § 1333.001
Summary
This law mandates a municipal election to revoke bonds that have remained unsold for over 10 years, provided a petition from registered voters is submitted. It affects municipalities and their governing bodies, as well as property tax paying voters within those municipalities.
Election required for unsold bonds over 10 years.
Petition must be signed by 10% of recent voters.
Election timing aligns with authorized uniform election dates.
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In simple terms: Learn about Texas's BOND REVOCATION ELECTION REQUIRED. (a) The law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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