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Bill > SB533


TX SB533

TX SB533
Relating to the election date for the authorization of the issuance of bonds or a tax increase.


summary

Introduced
12/05/2024
In Committee
04/09/2025
Crossed Over
04/01/2025
Passed
Dead
06/02/2025

Introduced Session

89th Legislature Regular Session

Bill Summary

AN ACT relating to the election date for the authorization of the issuance of bonds or a tax increase.

AI Summary

This bill standardizes the election date for bond issuances and tax increases in Texas by requiring that such elections be held only on the November uniform election date. Specifically, the bill adds a new section to the Election Code mandating that any election involving bonds, other debt, or tax increases must be conducted on the November uniform election date, which is a regular, pre-scheduled election day. The bill prevents these types of elections from being held as emergency elections and stipulates that if any other law requires such an election to be held on a different date, the administering authority must reschedule it to the November date. The changes will apply only to elections ordered on or after the bill's effective date of September 1, 2025, meaning elections ordered before that date will be governed by the existing law. The purpose of this bill appears to be creating consistency and predictability in the scheduling of important financial elections by consolidating them to a single, standard election date.

Committee Categories

Government Affairs, Labor and Employment

Sponsors (1)

Last Action

Referred to Pensions, Investments & Financial Services (on 04/09/2025)

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