Relating to the authority of a taxing unit to use or transfer for the repayment of debt an increase in maintenance and operations ad valorem tax revenue attributable to a tax the rate of which is approved at an election.

HB 193 prohibits taxing units (like cities, counties, or school districts) from using increases in maintenance and operations tax revenue - generated specifically from tax rate increases approved by voters in elections - for repaying debt. The bill amends the Texas Tax Code to state that such election-approved revenue cannot be diverted to pay off bonds or other debt obligations. An exception allows school districts to use tax increment funds from reinvestment zones (under Chapter 311) for debt repayment, as specified in their agreements with local governments. This law takes effect January 1, 2026, and applies only to tax years beginning after that date.