Bill

SB 1090

86(R) - 2019
Senate Property Tax
Senate Property Tax

Vote Recommendation

Yes
  • Neutral
  • Neutral
  • Neutral
  • Positive
  • Neutral

Author(s)

Donna Campbell

Bill Caption

Relating to the vote required to authorize the issuance of certain bonds.

Fiscal Notes

No fiscal impact to the state is anticipated. 

Bill Analysis

SB 1090 would require at least three-fifths voter approval of the voters in an election held by a political subdivision to authorize the issuance of a bond.

Vote Recommendation Notes

Texas Action supports SB 1090 because it promotes limited government principles. If a political subdivision is going to issue additional bonds, a significant portion of the population should approve those debts. This is especially true in light of the fact that voter turnout for these elections are notoriously low.