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TX HB2736

Bill

Status

Introduced

2/12/2025

Primary Sponsor

Briscoe Cain

Click for details

Origin

House of Representatives

89th Legislature Regular Session

AI Summary

  • Requires a two-thirds supermajority vote (rather than simple majority) for political subdivisions to authorize bond issuances or tax increases through elections

  • Mandates that all bond and tax increase elections by political subdivisions be held on the November uniform election date

  • Expands bond election requirements from counties and municipalities to all political subdivisions, and removes the limitation that only bonds paid from ad valorem taxes require voter approval

  • Exempts elections held under Tax Code Sections 26.07 and 26.08 (related to property tax rate rollback elections) from the November election date requirement

  • Applies only to bond or tax increase elections ordered on or after the effective date, with immediate effect if passed by two-thirds legislative vote or September 1, 2025 otherwise

Legislative Description

Relating to an election authorizing the issuance of bonds or an increase in taxes by a political subdivision.

Taxation

Last Action

Referred to Pensions, Investments & Financial Services

3/18/2025

Committee Referrals

Pensions, Investments & Financial Services3/18/2025

Full Bill Text

No bill text available