H.B. No. 1127
 
 
 
 
AN ACT
  relating to the issuance of bonds for recreational facilities by
  certain conservation and reclamation districts in Montgomery
  County.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 49.4645, Water Code, is amended by
  amending Subsection (a) and adding Subsection (f) to read as
  follows:
         (a)  A district all or part of which is located in Bastrop
  County, Bexar County, Waller County, Travis County, Williamson
  County, Harris County, Galveston County, Brazoria County,
  Montgomery County, or Fort Bend County may issue bonds supported by
  ad valorem taxes to pay for the development and maintenance of
  recreational facilities only if the bonds are authorized by a
  majority vote of the qualified voters of the district voting in an
  election held for that purpose. The outstanding principal amount
  of bonds, notes, and other obligations issued to finance parks and
  recreational facilities payable from any source may not exceed an
  amount equal to one percent of the value of the taxable property in
  the district as shown by the tax rolls of the central appraisal
  district at the time of the issuance of the bonds, notes, and other
  obligations or an amount greater than the estimated cost provided
  in the park plan under Subsection (b), whichever is smaller. The
  district may not issue bonds supported by ad valorem taxes to pay
  for the development and maintenance of:
               (1)  indoor or outdoor swimming pools; or
               (2)  golf courses.
         (f)  This section does not apply to a district all or part of
  which:
               (1)  is located in Montgomery County; and
               (2)  includes land within a planned community of at
  least 15,000 acres of land, of which a majority of the developed
  acreage is subject to restrictive covenants containing ad valorem
  assessments.
         SECTION 2.  (a)  Notwithstanding any other law, if the
  qualified voters of a district to which Chapter 49, Water Code,
  applies and all or part of which is located in Montgomery County
  authorized bonds supported by ad valorem taxes to pay for the
  development and maintenance of recreational facilities by the
  favorable vote of a majority voting in an election held for that
  purpose after September 13, 2003, but before the effective date of
  this Act, that bond authorization is valid and no further election
  is required to authorize those bonds.
         (b)  This section does not apply to a district described by
  Section 49.4645(f), Water Code, as added by this Act.
         SECTION 3.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2007.
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
 
         I certify that H.B. No. 1127 was passed by the House on April
  13, 2007, by the following vote:  Yeas 143, Nays 0, 2 present, not
  voting.
 
  ______________________________
  Chief Clerk of the House   
 
 
         I certify that H.B. No. 1127 was passed by the Senate on May
  15, 2007, by the following vote:  Yeas 31, Nays 0.
 
  ______________________________
  Secretary of the Senate    
  APPROVED:  _____________________
                     Date          
   
            _____________________
                   Governor