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TX HJR213
Joint Resolution
Status
3/14/2025
Primary Sponsor
Ellen Troxclair
Click for details
AI Summary
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Proposes amending the Texas Constitution to require at least two-thirds (supermajority) voter approval for any political subdivision to issue general obligation bonds, up from a simple majority
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Applies to cities, counties, school districts, and other political subdivisions seeking to issue bonds backed by property tax revenue
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Takes effect January 1, 2026, and applies only to bond elections ordered on or after that date
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Would be submitted to Texas voters at an election on November 4, 2025
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Includes a temporary transition provision that expires January 1, 2027
Legislative Description
Proposing a constitutional amendment to require a supermajority vote to authorize a political subdivision to issue general obligation bonds.
Taxation
Last Action
Referred to Pensions, Investments & Financial Services
4/7/2025