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TX SB843
Bill
Status
6/20/2025
Primary Sponsor
Lois Kolkhorst
Click for details
AI Summary
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Texas Education Agency must develop and maintain a database containing information on school district and open-enrollment charter school bonds, taxes, and bond-related capital projects
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Database must include for school district bonds: ballot proposition language, projected tax rates, election results, project lists, accounting of bond proceeds, capital project data (funding sources, costs, budgets, size), and tax rate increases from issued bonds
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Database must track maintenance tax information including proposed or approved tax rates, ballot proposition language, and results of ad valorem tax rate elections
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School districts and charter schools are required to provide bond, tax, and project information to TEA; the agency must transmit this data to the Bond Review Board to satisfy local government reporting requirements
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Implementation contingent on legislative appropriation; effective date September 1, 2025
Legislative Description
Relating to a Texas Education Agency database of school district and open-enrollment charter school bonds, taxes, and bond-related projects.
Taxation
Last Action
Effective on 9/1/25
6/20/2025