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Bill > HB2207


TX HB2207

TX HB2207
Relating to the authority of a political subdivision to propose for voter approval the issuance of general obligation bonds for a purpose rejected by voters at a bond election held during the preceding two years.


summary

Introduced
01/29/2025
In Committee
04/09/2025
Crossed Over
Passed
Dead
06/02/2025

Introduced Session

89th Legislature Regular Session

Bill Summary

AN ACT relating to the authority of a political subdivision to propose for voter approval the issuance of general obligation bonds for a purpose rejected by voters at a bond election held during the preceding two years.

AI Summary

This bill modifies the Texas Government Code by adding a new provision that restricts political subdivisions from submitting a bond proposition to voters if an identical or substantially similar bond proposition was rejected by voters within the preceding two years. Specifically, if a political subdivision attempts to issue general obligation bonds (which are a type of municipal debt backed by the full faith and credit of the issuing government) and voters previously rejected a nearly identical bond proposal in the last two years, the political subdivision is prohibited from re-submitting that same bond proposition. The bill will apply only to bond elections ordered on or after its effective date of September 1, 2025, which means existing bond proposals will not be impacted. This legislation appears designed to prevent political subdivisions from repeatedly submitting bond proposals that have already been rejected by voters, potentially reducing voter fatigue and ensuring that repeated bond proposals reflect meaningful changes or new circumstances.

Committee Categories

Labor and Employment

Sponsors (20)

Last Action

Committee report sent to Calendars (on 04/25/2025)

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