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TX HB5334
Bill
Status
3/14/2025
Primary Sponsor
Brian Harrison
Click for details
AI Summary
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Requires political subdivisions with at least 250 registered voters to present debt obligation information in voter information documents in both aggregate totals and per student capita format
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Changes the tax impact estimate calculation from a fixed $100,000 home value to the average taxable value in the jurisdiction as determined by the county appraisal district
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Mandates that governing bodies identify major assumptions and underlying data used to develop tax impact estimates, including debt amortization schedules, projected property value changes, and assumed interest rates
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Requires political subdivisions with websites to post voter information on their homepage or bond election information page (not just anywhere on the website) from at least 21 days before election day through the day after the election
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Takes effect immediately with two-thirds legislative vote, otherwise September 1, 2025
Legislative Description
Relating to the notice required before the issuance of certain debt obligations by political subdivisions.
Taxation
Last Action
Referred to Pensions, Investments & Financial Services
4/7/2025