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 in subsection (f) must include a clear statement indicating that the proposition represents a property tax increase. The exact wording required is: "THIS IS A PROPERTY TAX INCREASE."

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 change aims to enhance transparency for voters regarding the financial implications of debt obligations proposed in ballot measures.

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