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TX HB3537
Bill
Status
2/28/2025
Primary Sponsor
Steve Toth
Click for details
AI Summary
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Limits annual expenditures for all political subdivisions (municipalities, counties, and special purpose districts) to the greater of: the previous fiscal year's total expenditures, or the previous year's expenditures multiplied by a rate based on population growth plus inflation
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Requires the Legislative Budget Board to publish by January 31 each year a rate equal to the sum of the state's three-year average population growth rate and the three-year average inflation rate (based on chained consumer price index)
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Allows political subdivisions to exceed the expenditure cap only if voters approve the additional spending at an election held on a uniform election date
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Excludes voter-approved bond proceeds and grants, donations, or gifts from the expenditure limit calculation
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Applies to fiscal years beginning on or after December 1, 2025, with immediate effect if passed by two-thirds vote or September 1, 2025 otherwise
Legislative Description
Relating to a limit on local government expenditures.
County Government
Last Action
Referred to Intergovernmental Affairs
3/24/2025