Local Bond Election Information

Sec. 1231.025. LOCAL BOND ELECTION INFORMATION. (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.