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Tex. Gov't Code § 1231.026

ANNUAL LOCAL UNISSUED SECURITIES REPORT

Added by Acts 2025, 89th Leg., R.S., Ch. 226 (H.B. 3526), Sec. 2, eff

(a) Not later than September 30 of each year, a local government with voter-approved but unissued bonds shall submit a report to the board regarding the amount of voter-approved but unissued bonds authorized by the local government during the most recent fiscal year. The report must include:

(1) the total amount of voter-approved but unissued bonds authorized by the local government;

(2) the specific statute or law authorizing the issuance of the bonds;

(3) the number of the propositions that authorized the issuance of the bonds, as applicable;

(4) the estimated cost of the issuance of the bonds on the bond proposition, as applicable;

(5) the estimated minimum dollar amount required to be annually expended for debt service after the issuance of the bonds; and

(6) any other information the board determines necessary.

(b) The board may adopt rules to implement this section.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.