During the Regular Session, the 89th Texas Legislature passed three key measures to meaningfully improve fiscal transparency and cultivate a more informed decision-making environment. These well-intentioned measures include:
• HB 103 (2025), relating to the creation and maintenance of a database of taxing unit bond, tax, and bond-related project information; providing a civil penalty;
• HB 3526 (2025), relating to fiscal transparency for bonds issued by local governmental entities; and
• SB 843 (2025), relating to a Texas Education Agency database of school district and open-enrollment charter school bonds, taxes, and bond-related projects.
Taxes & Spending
Taxes and Debt are Going Up Without Voter Approval
Local governments today are utilizing certificates of obligation (COs) to a much greater extent than in the past. As a result, taxes and debt are growing without voter approval and Texans are being denied the right to decide. For those unfamiliar with the CO concept, these nonvoter-approved debt instruments provide a way for cities, counties, and some special districts to borrow money and obligate property taxpayers for broad purposes, including “to fund the construction, demolition or restoration...
March 20, 2026