TX HB4965

Requires bond election ballots to include the current ad valorem debt service tax rate, the estimated rate if bonds are issued, and the estimated percentage increase in the tax rate, expressed in dollars per $100 valuation

Removes the 250 registered voter threshold, requiring all political subdivisions to prepare voter information documents for bond propositions regardless of size

Changes tax impact disclosure from showing the effect on a $100,000 residence homestead to showing the impact on "property" generally

Maintains existing requirements for voter information documents to include ballot language, principal amounts, estimated interest, combined debt totals, and outstanding debt obligations in table format

Applies to bond elections ordered on or after January 1, 2027, with an effective date of September 1, 2025