Texas HB5319 prohibits political subdivisions from proposing general obligation bond issuances rejected by voters within the last five years.

Texas HB5319 amends the Government Code to restrict political subdivisions from proposing general obligation bond issuances to voters if a similar proposition was rejected within the preceding five years. This limitation applies to propositions submitted for voter approval after the bill's effective date of September 1, 2025.

Texas HB5319 prohibits political subdivisions from proposing general obligation bond issuances rejected by voters within the last five years.

Texas HB5319 amends the Government Code to restrict political subdivisions from proposing general obligation bond issuances to voters if a similar proposition was rejected within the preceding five years. This limitation applies to propositions submitted for voter approval after the bill's effective date of September 1, 2025.