Relating to the vote required to approve the issuance of general obligation bonds by a political subdivision.
HB 3835 requires political subdivisions (like cities, counties, or school districts) in Texas to obtain approval from at least 60% of voters in a special election before issuing general obligation bonds. This changes the current standard by mandating a supermajority vote instead of a simple majority. The law applies only to bonds authorized for issuance on or after September 1, 2025, and does not affect bonds already approved before that date. The bill directly affects local governments seeking to fund projects like infrastructure or public facilities through bond sales.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 26, 2025
Last action Mar 26, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Mar 26, 2025
Committee
Referred to Pensions, Investments & Financial Services
lower
Mar 26, 2025
Introduced
Read first time
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Pat Curry
RRepublican
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