Texas Bond Increase

State:
Texas
Control #:
TX-CR-14
Format:
PDF
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Description

Bond Increase

Texas Bond Increase is an increase in the amount of debt issued by the state of Texas. This can be done through the issuance of general obligation bonds, revenue bonds, or through the sale of notes. General obligation bonds are debt issued by the state and backed by the full faith and credit of the state. Revenue bonds are debt issued by the state that is backed by specific revenue streams, such as taxes or user fees. Notes are short-term debt issued by the state. The proceeds of the bond issue are used to finance projects such as infrastructure, educational facilities, public safety facilities, and other public works projects. The increased debt from a Texas Bond Increase is subject to voter approval. There are usually several types of bond issues which can be presented to the voters. These include bond elections for specific projects, general obligation bond propositions, and special bond issues.

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FAQ

How do bonds work? Voters approve a specific dollar amount? or the maximum amount the district is allowed to sell without another election. The school district may then sell their bonds as 'municipal' bonds when funds are needed for capital projects, usually once or twice a year.

Certain circumstances allow a Judge in Texas to deny bail to an individual charged with felonious conduct. If an individual has committed prior felonious acts or is on community supervision (probation) then depending on the severity of the crime alleged, the individual may be denied bail.

An individual is not eligible to be released on a personal bond if 1) he is charged with an offense involving violence; or 2) if already on bail or probation for a violent offense, and is charged with a felony or misdemeanor assault, deadly conduct, terroristic threat, or disorderly conduct involving a firearm.

You will likely be remanded to the jail to await your trial date on the charges you were arrested on. Your violation of bond conditions forced the surety to forfeit the amount of bail it deposited on your behalf. The bail bond company will take action to get its money back.

To modify these conditions, you need to file a motion with the court. In the motion, you identify the condition you want changed and explain why. After filing the motion, you may have to attend a hearing in front of a judge.

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Texas Bond Increase