Relating to the text of municipal ballot propositions on the issuance of bonds.

HB 1053 requires municipalities to include the specific statement "THIS IS A TAX INCREASE" on ballot propositions approving bonds that would add or increase taxes. This applies only to elections held on or after September 1, 2025, and directly affects local governments issuing tax-increasing bond measures. The bill mandates this clear disclosure language to inform voters about tax impacts without altering bond issuance rules or creating new taxes. It is a procedural change to ballot language, not a substantive policy shift. The requirement applies solely to bond propositions that would raise taxes, not to all municipal bond votes.