What this is
A Texas law that sets clear rules for what information must appear on ballots when voters decide about borrowing money.
HB 300 sets clear rules about what voters must see on the ballot when deciding if our community can borrow money. This law comes from the Texas Legislature and applies to all cities, counties, school districts, and special taxing districts.
When a community holds a debt election, the ballot must explain the single specific purpose for the loan. For example, it might say the money is for building new schools or fixing roads. Voters also need to see the total amount—both the principal and the estimated interest. This shows the true cost of the borrowing.
The law requires one more crucial piece of information: how much taxes will increase. Ballots must show the estimated maximum annual tax increase for a home worth $100,000 in taxable value. This helps homeowners understand the direct impact on their own property taxes.
For communities with at least 250 registered voters, a detailed voter information document must be posted. This document includes a table showing the principal, estimated interest, and total cost of the proposed debt. It also lists all the community's existing debt obligations so voters can see the full financial picture.
Read full text
By requiring clear, specific information on ballots, HB 300 strengthens our ability to make informed decisions about our community's finances. When voters understand exactly what they are approving and what it will cost, we build stronger, more transparent government.
Key details
- Voter threshold for info document: 250 registered voters
- Tax information unit: $100,000 in taxable value
- Required ballot items: Purpose, total cost, tax increase
- Ballot proposition requirement: One purpose per proposition
About Texas Legislature
The Texas Legislature is the state legislature of Texas, consisting of the House of Representatives with 150 members and the Senate with 31 members. Meeting in regular session every two years, the legislature passes stat…
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Why it matters
This is part of Our Voice — civic life, elections, and accountability.
How this affects households
Under $30,000
This law helps you make better choices about local debt by showing exactly how much your property taxes could go up. You get clear information before voting on bonds that affect your housing costs.
$30,000-$60,000
You'll see clearer ballot language about debt proposals and how they impact your property taxes. This helps you make informed decisions about community spending that affects your household budget.
$60,000-$100,000
The law requires ballots to show tax increases for a $100,000 home, which matches many homes in your bracket. You get better information to decide on local debt proposals.
Over $100,000
You benefit from clearer debt information, though the required tax impact shown is for $100,000 homes, not higher-value properties. You'll still make more informed choices about community borrowing.
How to get involved
- 1Start with the snapshot above to know what this is in a glance.
- 2Read why it matters so you can speak to it in your own words.
- 3Weigh in using the button above.
When you call, you can say: “Hi, I saw "Texas Law on Debt Election Ballot Information" on Community Exchange and want to know how to take part.”
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