H.B. No. 1522 amends Section 551.043 of the Government Code, which pertains to the notice requirements for meetings held under the open meetings law. The bill changes the heading of the section to include "POSTING OF BUDGET; GENERAL RULE" and modifies the notice posting requirement from "72 hours" to "three business days" before the scheduled meeting. Additionally, it introduces new subsections (c) and (c-1). Subsection (c) mandates that if a governmental body discusses or adopts a budget, the notice must include a physical copy of the proposed budget or a link to it on the governmental body's website, as well as a taxpayer impact statement comparing current and estimated future property tax bills for median-valued homestead properties. Subsection (c-1) clarifies that these requirements do not apply to the governing boards of general academic teaching institutions or university systems governed by Section 551.1281.

The bill is set to take effect on September 1, 2025, following its passage in both the House and Senate with overwhelming support. The changes aim to enhance transparency and accessibility regarding governmental budget discussions, ensuring that the public is adequately informed about financial implications related to property taxes.

Statutes affected:
Introduced: Government Code 551.043 (Government Code 551)
House Committee Report: Government Code 551.043 (Government Code 551)
Engrossed: Government Code 551.043 (Government Code 551)
Senate Committee Report: Government Code 551.043 (Government Code 551)
Enrolled: Government Code 551.043 (Government Code 551)