SB2684 - Relating to a requirement that a bill for ad valorem taxes imposed by a taxing unit include certain information about bonds issued by the taxing unit.

  89R15530 CS-D     By: Creighton S.B. No. 2684       A BILL TO BE ENTITLED   AN ACT   relating to a requirement that a bill for ad valorem taxes imposed   by a taxing unit include certain information about bonds issued by   the taxing unit.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 31.01, Tax Code, is amended by adding   Subsection (c-3) to read as follows:           (c-3)     In addition to information required to be included in   a tax bill under Subsection (c), the assessor-collector for a   taxing unit shall list the following information on the reverse   side of the bill if practicable, or in a separate statement   accompanying the bill:                 (1)     each outstanding bond that has been issued by the   taxing unit;                 (2)  for each outstanding bond:                       (A)  the maturity date of the bond; and                       (B)     if applicable, a statement that the bond will   be paid in full during that tax year; and                 (3)     the amount of tax owed by the property owner to the   taxing unit for the current tax year that is attributable to the   taxing unit's debt service for bonds for that tax year.          SECTION 2.  The change in law made by this Act applies only   to a tax bill mailed on or after the effective date of this Act.          SECTION 3.  This Act takes effect September 1, 2025.