The purpose of SB 462 is to improve transparency in the debt issuance process—something that is sorely needed. The current system does not provide voters with sufficient information to make an informed decision in the voting booth when deciding on new debt.
May 2026 Bond Election Report
Although there have been many strides taken at the state level to reduce the property tax burden, local governments’ incessant and reckless spending continues to drive up the bill. Key points: In May 2026, Texas voters considered 439 bonds. Of those, 233 were approved. The passage rate for bond propositions for the May 2026 cycle...