Local Annual Debt Reports - HB 1378
The 84th Legislature passed HB 1378 to increase the transparency of local government debt. Under Local Government Code §140.008, political subdivisions, including counties, cities, school districts, junior college districts, certain special purpose districts, and other subdivisions of state government must annually compile their debt obligation data from the preceding fiscal year.
Travis County Reports
Travis County Bee Cave Road District No. 1
Local Annual Debt Special Purpose Districts - SB 625
In 2017, the 85th Legislature passed Senate Bill 625 (SB 625), a transparency bill requiring certain special purpose districts to annually provide records and other information concerning district finances and tax rates to the Comptroller of Public Accounts. In 2019, the 86th Legislature passed House Bill 3001 which removes duplicative reporting requirements by amending Local Government Code §140.008. Starting on September 1, 2019, special purpose districts, as described by Government Code §403.0241(b), no longer are required to submit the Local Government Debt Report (HB 1378) and now are only required to submit Senate Bill 625.