The bill, 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 ordered on or after its effective date, which is set for September 1, 2025. This timeline allows for the necessary adjustments to be made in preparation for future elections where such propositions may be presented to voters.

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