Texas HB3835 requires a supermajority vote of at least 60% for issuing general obligation bonds by political subdivisions.

HB3835 amends the Texas Government Code to mandate that political subdivisions cannot issue general obligation bonds unless at least 60% of voters approve in a special election. This supermajority requirement applies to bonds authorized after the act's effective date of September 1, 2025.

Texas HB3835 requires a supermajority vote of at least 60% for issuing general obligation bonds by political subdivisions.

HB3835 amends the Texas Government Code to mandate that political subdivisions cannot issue general obligation bonds unless at least 60% of voters approve in a special election. This supermajority requirement applies to bonds authorized after the act's effective date of September 1, 2025.