Sec. 1502.055.  ELECTION.  (a)  Unless authorized by a majority vote of the qualified voters of the municipality, a municipality may not sell a utility system, park, or pool.
(b)  The governing body of the municipality shall hold an election under this section in the manner provided for bond elections in the municipality.
(c)  This section does not apply to the sale of an unencumbered natural gas system owned by a municipality with a population of more than 100,000.
(d)  Notwithstanding Subsection (a) or other law, a municipality is not required to hold an election to authorize the sale of a municipal retail water or sewer utility system if the Texas Commission on Environmental Quality has issued a notice of violation to the utility system and the governing body of the municipality finds by official action that the municipality is either financially or technically unable to restore the system to compliance with the applicable law or regulations.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.  Renumbered from Government Code Sec. 1502.057 and amended by Acts 1999, 76th Leg., ch. 1064, Sec. 22, eff. Sept. 1, 1999.  Amended by Acts 2001, 77th Leg., ch. 769, Sec. 12, eff. Sept. 1, 2001.
Amended by: 
Acts 2021, 87th Leg., R.S., Ch. 932 (H.B. 3717), Sec. 1, eff. September 1, 2021.