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TX HB2736
Bill
Status
2/12/2025
Primary Sponsor
Briscoe Cain
Click for details
AI Summary
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Requires a two-thirds supermajority vote (rather than simple majority) for political subdivisions to authorize bond issuances or tax increases through elections
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Mandates that all bond and tax increase elections by political subdivisions be held on the November uniform election date
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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
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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
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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