H.B. No. 2926 amends the Election Code by adding a new requirement for ballot propositions related to the issuance of debt obligations. Specifically, it introduces a new subsection (g) to Section 52.072, which mandates that any proposition described by Subsection (f) must include the statement: "THIS IS A PROPERTY TAX INCREASE." This change aims to ensure that voters are clearly informed about the implications of the debt obligations being proposed.

The provisions of this bill will only apply to elections that are ordered on or after its effective date, which is set for September 1, 2025. This means that any elections held prior to this date will not be subject to the new requirement for ballot propositions regarding property tax increases.

Statutes affected:
Introduced: Election Code 52.072 (Election Code 52)