Establishes a database for taxing unit bonds, taxes, and bond-related projects, with a civil penalty for noncompliance.
This bill mandates the creation and maintenance of a database by the comptroller, containing information on taxing unit bonds, taxes, and bond-related projects. It includes details such as ballot propositions, election results, and project funding. The database is to be made publicly accessible without charge. Noncompliant taxing units face a civil penalty of $1,000. The database is to be operational by January 1, 2026, contingent on legislative appropriation.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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