Texas HB19 regulates local government debt issuance, ad valorem tax rates, and debt repayment.

Texas HB19 amends various sections of the Local Government Code, Election Code, and Tax Code to regulate the issuance and repayment of debt by local governments. It sets limits on local government debt, mandates public meetings to discuss budgets and proposed tax rates, and outlines procedures for issuing certificates and anticipation notes. The bill also specifies the purposes for which these financial instruments can be used, such as for public works, compliance with laws, and public health emergencies.

Texas HB19 regulates local government debt issuance, ad valorem tax rates, and debt repayment.

Texas HB19 amends various sections of the Local Government Code, Election Code, and Tax Code to regulate the issuance and repayment of debt by local governments. It sets limits on local government debt, mandates public meetings to discuss budgets and proposed tax rates, and outlines procedures for issuing certificates and anticipation notes. The bill also specifies the purposes for which these financial instruments can be used, such as for public works, compliance with laws, and public health emergencies.