Senator Bettencourt described House Bill 1 03 as "creating and maintenance of a database of taxing unit bond tax and bond related project information" to provide taxpayers with clearer, statewide data on local bond elections, ballot language, and projected tax impacts.

Senator Bettencourt said the fiscal note estimated implementation at about $1,600,000 for the biennium and that the office of the Texas Bond Review Board already collects much of the underlying information; the bill requires the comptroller to coordinate with the Bond Review Board and TEA to implement a single, standardized data‑entry method for taxing units.

Senator Eckhardt asked whether the bill covers state debt; Bettencourt answered that the measure focuses on debt that affects property tax bills and that the bond review board would share data with the comptroller rather than have the comptroller duplicate data collection. Bettencourt said the bill as written would cover local debt and that a floor amendment was offered to require the comptroller to consult and coordinate with the Bond Review Board and TEA on a single form for data submission.

The Senate adopted the speaker’s technical floor amendment and then passed the bill. During the suspension vote the secretary recorded "29 ayes and 2 nays"; the secretary later called the roll on final passage and the bill was reported as finally passed on the Senate floor during this sitting.

Why it matters: The measure centralizes public information about local bond elections and obligations that can influence property tax bills, aiming to make projected tax impacts and ballot language more accessible to taxpayers.

Next steps: The bill requires implementation work at the comptroller’s office, including coordination with the Bond Review Board and TEA on a single submission method for taxing units.