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TX HB5319
Bill
Status
3/14/2025
Primary Sponsor
Brian Harrison
Click for details
AI Summary
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Prohibits political subdivisions from submitting a general obligation bond proposition to voters if the same purpose was rejected by voters within the preceding five years
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Adds new Section 1253.0015 to Chapter 1253 of the Government Code establishing this limitation on bond election authority
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Applies only to bond propositions for which the election is ordered on or after the effective date
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Takes effect September 1, 2025
Legislative Description
Relating to the authority of a political subdivision to propose for voter approval the issuance of general obligation bonds for a purpose rejected by voters at a bond election held during the preceding five years.
Taxation
Last Action
Referred to Pensions, Investments & Financial Services
4/7/2025