This Subchapter B, consisting of Secs. 1251.051 to 1251.052, was added by Acts 2019, 86th Leg., R.S., Ch. 505 (S.B. 30), Sec. 4.
See also another Subchapter B, consisting of Secs. 1251.051 to 1251.052, as added by Acts 2019, 86th Leg., R.S., Ch. 728 (H.B. 477), Sec. 4.
SUBCHAPTER B. BALLOT FOR DEBT OBLIGATIONS ISSUED BY POLITICAL SUBDIVISION
Sec. 1251.051. DEFINITIONS. In this subchapter:
(1) "Debt obligation" means a public security, as defined by Section 1201.002, secured by and payable from ad valorem taxes. The term does not include public securities that are designated as self-supporting by the political subdivision issuing the securities.
(2) "Political subdivision" means a municipality, county, school district, or special taxing district.
Added by Acts 2019, 86th Leg., R.S., Ch. 505 (S.B. 30), Sec. 4, eff. September 1, 2019.
Added by Acts 2019, 86th Leg., R.S., Ch. 728 (H.B. 477), Sec. 4, eff. September 1, 2019.