Elections
218. Bonds Create Bondage
State and local bond election ballots shall be required to include the amount of debt currently outstanding, current debt service payments, current per capita debt obligations, the amount of new debt being proposed, estimated debt service for the new debt, and estimated per capita burden being proposed. The bond issue must obtain a two-thirds (2/3) affirmative vote of at least 20% of registered voters in the voting jurisdiction. No public funds are to be spent influencing a bond election. We oppose bundling of items on bond election ballots and “rolling polling“ for bond and tax rate increase elections. Any bond election, at any level of government in Texas, must state on the ballot, “This is a tax increase,” in bold print.
