HB5303 — Relating to the vote required by the governing body of a taxing unit to adopt an ad valorem tax rate that exceeds the voter-approval tax rate or authorize the issuance of tax bonds.

HB5303 — Relating to the vote required by the governing body of a taxing unit to adopt an ad valorem tax rate that exceeds the voter-approval tax rate or authorize the issuance of tax bonds. · Informed CitizenryThe bill makes several amendments regarding voting requirements for taxing units and political subdivisions. Under the Government Code (Section 1), a political subdivision cannot issue general obl…Open in Informed Citizenry