Bill
SB 702
85(R) - 2017
Senate State Affairs
Senate State Affairs
Bonds
Elections
Vote Recommendation
Yes
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Neutral
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Positive
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Neutral
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Positive
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Neutral
Author(s)
Don Huffines
Bill Caption
Relating to a minimum voter turnout requirement for an election authorizing the issuance of bonds issued by a political subdivision.
Fiscal Notes
No fiscal implication the State is anticipated.
Bill Analysis
This bill would require a bond election held by a political subdivision to have a turnout of at least 15% of registered voters in order for the bond to pass.
Vote Recommendation Notes
The use of debt by local governments has been on the rise and consistent issue in recent history. A proposition such as this which requires greater voter participation in order to approve debt incurred by all residents supports our principle of limited government. We support SB 702.
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