House Bill 103
Relating to the creation and maintenance of a database of taxing unit bond, tax, and bond-related project information; providing a civil penalty.
Bill facts
Bill facts
- Authors
- Troxclair; Meyer; Vasut; Morales, Eddie; Hickland.
- Last action
- June 20, 2025. Effective on 9/1/25.
- Version analyzed
- Enrolled, posted May 29, 2025.
- Subjects
- Civil Remedies & Liabilities, Electronic Information Systems, Taxation.
Bottom line
Bottom line
This version directs the comptroller to maintain a free public database of each taxing unit's bond and tax information, including ballot language, projected debt-service tax rates, election results and use of bond proceeds, back to 2015. Taxing units must report annually, subject to a $1,000 civil penalty after notice. The ratings point both ways. The strongest is +1 Moderate on public records access, with +1 Small on state and local debt disclosure. On the other side are -1 Small on sunset review, because the database has no expiration date or performance reporting, plus -1 Small on fiscal sustainability of new programs and -1 Small on spending growth.