Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 49 prohibits the use of maintenance and operations tax revenue, derived from voter-approved tax rate increases, to repay public debt securities—including those issued by local government corporations acting on behalf of a city or county. It restricts municipalities and counties from pledging such revenues for installment payments or security for bonds.
Author (1)
Carl Tepper
Contact the Author
Rep. Carl Tepper
Capitol Phone:
(512) 463-0676
Capitol Office:
EXT E1.316
E-Mail:
