PROVIDED SUMMARY
Tax Referenda; Defining the term “local government spending analysis”; requiring a local government spending analysis be included on certain referenda, etc.
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Plain English Summary
AI-GENERATED
Mandates spending analysis on county tax increase referenda.
The Department of Financial Services must prepare a spending analysis for every county government.
This analysis must be printed on any ballot measure proposing a county tax increase.
The department has authority to adopt rules defining the standards for these analyses.
The requirement applies only if the analysis has already been prepared by the department.
KEY PROVISIONS
§ 1
Mandatory Inclusion of Spending Analysis on County Tax Referenda
majors. 17.326(2)
AICreates a new legal requirement that a specific document must be attached to county tax increase ballots.
“such analysis must be included on any referendum proposing an increase in taxes levied by a county”
bill text, line 19 →
§ 2
Definition of Local Government Spending Analysis
moderates. 17.326(1)
AILegally defines the required document as a statement analyzing county government spending.
“the term "local government spending analysis" means a statement prepared by the department, or an agency thereof, analyzing the spending of a county government”
bill text, line 14 →
§ 3
Rulemaking Authority for the Department
moderates. 17.326(3)
AIGrants the Department of Financial Services the power to create specific standards and requirements for the analysis.
“The department may adopt rules to implement this section, including standards and requirements for a local government spending analysis”
bill text, line 21 →
TIMELINE
3/13/2026
Died in Banking and Insurance
2/4/2026
Now in Banking and Insurance
2/3/2026
Favorable by Community Affairs; YEAS 5 NAYS 3
1/29/2026
On Committee agenda-- Community Affairs, 02/03/26, 3:30 pm, 37...
1/16/2026
Referred to Community Affairs; Banking and Insurance; Rules
1 EARLIER →
STATUTES IT CHANGES
STAFF ANALYSES