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TX SB409

Bill

Official Source

Status

Introduced

11/21/2024

Primary Sponsor

Mayes Middleton

Click for details

Origin

Senate

89th Legislature Regular Session

AI Summary

  • 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

  • Adds new Section 1253.0015 to Chapter 1253 of the Government Code establishing this limitation on bond election authority

  • Applies only to bond propositions for elections ordered on or after the effective date

  • 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 Local Government

2/3/2025

Committee Referrals

Local Government2/3/2025

Full Bill Text

No bill text available