TX SB414

Requires ballot propositions for bond elections to include the estimated interest amount and the estimated combined principal and interest required to pay off the debt obligations in full, in addition to existing requirements for principal amount and purpose

Mandates that each single specific purpose for debt obligations requiring voter approval must be printed as a separate proposition on the ballot

Political subdivisions with at least 250 registered voters must prepare and post a voter information document containing detailed financial information, including outstanding debt obligations, estimated tax impacts on a $100,000 homestead, and assumptions used in calculations

Requires political subdivisions with websites to post voter information online beginning at least 21 days before election day through the day after the election

Applies to elections ordered on or after September 1, 2025