Texas HJR14 proposes a constitutional amendment requiring a supermajority vote for issuing general obligation bonds from ad valorem taxes.

Texas HJR14 proposes a constitutional amendment to Article XVI, adding Section 62. This section mandates that a political subdivision cannot issue general obligation bonds or other debt obligations payable from ad valorem taxes unless approved by at least three-fifths of the voters in an election. The amendment will take effect on January 1, 2026, and will be submitted to voters on November 4, 2025.

Texas HJR14 proposes a constitutional amendment requiring a supermajority vote for issuing general obligation bonds from ad valorem taxes.

Texas HJR14 proposes a constitutional amendment to Article XVI, adding Section 62. This section mandates that a political subdivision cannot issue general obligation bonds or other debt obligations payable from ad valorem taxes unless approved by at least three-fifths of the voters in an election. The amendment will take effect on January 1, 2026, and will be submitted to voters on November 4, 2025.