(a) Not later than September 30 of each year, a local government with voter-approved but unissued bonds shall submit a report to the board regarding the amount of voter-approved but unissued bonds authorized by the local government during the most recent fiscal year. The report must include:
- (1) the total amount of voter-approved but unissued bonds authorized by the local government;
- (2) the specific statute or law authorizing the issuance of the bonds;
- (3) the number of the propositions that authorized the issuance of the bonds, as applicable;
- (4) the estimated cost of the issuance of the bonds on the bond proposition, as applicable;
- (5) the estimated minimum dollar amount required to be annually expended for debt service after the issuance of the bonds; and
- (6) any other information the board determines necessary.
- (b) The board may adopt rules to implement this section.
Added by Acts 2025, 89th Leg., R.S., Ch. 226 (H.B. 3526), Sec. 2, eff. September 1, 2025.