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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Government Code § 1231.025: LOCAL BOND ELECTION INFORMATION.

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Where this section sits in the code
  1. GOVERNMENT CODE
  2. TITLE 9. PUBLIC SECURITIES
  3. SUBTITLE B. PROVISIONS APPLICABLE TO SECURITIES ISSUED BY STATE GOVERNMENT
  4. CHAPTER 1231. BOND REVIEW BOARD
  5. 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

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