Tex. Government Code § 1231.025: LOCAL BOND ELECTION INFORMATION.
Where this section sits in the code
- GOVERNMENT CODE
- TITLE 9. PUBLIC SECURITIES
- SUBTITLE B. PROVISIONS APPLICABLE TO SECURITIES ISSUED BY STATE GOVERNMENT
- CHAPTER 1231. BOND REVIEW BOARD
- SUBCHAPTER B. BOND REVIEW BOARD
(a) Not later than the 20th day before election day for an election to authorize a local government to issue bonds, the local government shall submit a report to the board that includes:
(1) the date of the election;
(2) the proposition number for each bond proposition;
(3) the total estimated cost of the issuance of each proposed bond;
(4) the estimated minimum dollar amount required to be annually expended for debt service;
(5) a description of the purpose of each bond proposition; and
(6) any other information the board determines necessary.
(b) Not later than the 20th day after election day for an election to authorize a local government to issue bonds, the local government shall submit a report to the board that includes:
(1) the total number of votes cast for each bond proposition;
(2) the total number of votes in support of the bond proposition;
(3) the total number of votes against the bond proposition;
(4) any updated information different from the information provided to the board under Subsection (a), if applicable; and
(5) any other information the board determines necessary.
(c) The board shall publish a report on the results of an election to authorize a local government to issue bonds on the board's Internet website.
Added by Acts 2025, 89th Leg., R.S., Ch. 226 (H.B. 3526), Sec. 2, eff. September 1, 2025.
Collected 2026-08-27T01:47:16Z. Source file · JSON