The bill, H.B. No. 2053, proposes the establishment of a new database by the Texas Education Agency (TEA) that will compile comprehensive information regarding school district bonds, taxes, and bond-related projects. This database will include details such as the language of ballot propositions for bonds, projected tax rates, election results, and an accounting of how bond proceeds are utilized. Additionally, it will provide information on maintenance taxes levied or proposed by school districts, including tax rates and election results related to these taxes. The TEA will also have the capability to generate reports based on this data and allow for updates or corrections to the information.

To facilitate the creation and upkeep of this database, school districts are required to provide the necessary information to the TEA, and the agency may engage third-party contractors for development and maintenance purposes. The commissioner of the TEA is authorized to adopt rules to implement the provisions of this section. The bill is set to take effect on September 1, 2025.

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