Texas HB2736 mandates a two-thirds voter approval for bond issuance or tax increases by political subdivisions.

HB2736 amends Texas law to require a two-thirds majority vote in elections for political subdivisions to authorize bond issuance or tax increases. The bill specifies that such elections must be held on the November uniform election date, except for those under certain Tax Code sections. If the bill receives a two-thirds vote in both legislative houses, it takes effect immediately; otherwise, it becomes effective September 1, 2025. Elections ordered before the act's effective date follow existing laws.

Texas HB2736 mandates a two-thirds voter approval for bond issuance or tax increases by political subdivisions.

HB2736 amends Texas law to require a two-thirds majority vote in elections for political subdivisions to authorize bond issuance or tax increases. The bill specifies that such elections must be held on the November uniform election date, except for those under certain Tax Code sections. If the bill receives a two-thirds vote in both legislative houses, it takes effect immediately; otherwise, it becomes effective September 1, 2025. Elections ordered before the act's effective date follow existing laws.