H.B. No. 2736 proposes amendments to the Election Code of Texas, specifically introducing a supermajority requirement for elections held by political subdivisions to authorize the issuance of bonds or increase taxes. The bill stipulates that such elections will only be valid if at least two-thirds of the voters participating in the election approve the measure. Additionally, it mandates that elections for bond issuance or tax increases must occur on the November uniform election date, with an exception for certain tax code provisions.

The bill also modifies existing language regarding bond elections, clarifying that a political subdivision must obtain voter approval before issuing bonds. It establishes that the new provisions will apply only to elections ordered after the bill's effective date, while elections ordered prior will continue to be governed by the previous law. The act is set to take effect immediately upon receiving a two-thirds vote from both houses of the legislature or on September 1, 2025, if such a vote is not achieved.

Statutes affected:
Introduced: Government Code 1251.001 (Government Code 1251)