TX HB4097

Allows any person to submit a complaint to the Texas Attorney General regarding suspected violations of municipal audit requirements under Sections 103.001 or 103.003 of the Local Government Code

Prohibits a municipality from adopting an ad valorem tax rate exceeding its no-new-revenue tax rate if the Attorney General determines the municipality failed to complete required annual audits and financial statements

Applies the tax rate restriction when a municipality has not filed its financial statement and auditor's opinion with the municipal secretary or clerk within 180 days after the end of its fiscal year

Tax rate limitation continues for subsequent tax years until the municipality completes the required audit and properly files the financial statement with the municipal clerk

Takes effect September 1, 2025, and applies only to tax rates adopted for tax years beginning on or after that date