HB 1514 (89R): Relating to the authority of a political subdivision to issue certain public securities to purchase or lease tangible personal property or purchase, improve, or construct an improvement to real property.

89th Legislature, regular session · filed 2024-12-04 · Latest: Committee report sent to Calendars

texasstate-bill

Official caption

Relating to the authority of a political subdivision to issue certain public securities to purchase or lease tangible personal property or purchase, improve, or construct an improvement to real property.

Plain summary

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What a vote does

A “Aye” vote

If it passes both chambers and the governor signs it (or does not veto it), it becomes Texas law.

A “Nay” vote

If it does not pass, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Relating to the authority of a political subdivision to issue certain public securities to purchase or lease tangible personal property or purchase, improve, or construct an improvement to real property.

Source: Texas Legislature Online bill history XML (Texas Legislative Council), ftp://ftp.legis.state.tx.us/bills/89R/billhistory/

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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Officials and money

Authors: Schofield

Bill history (latest 13 steps)

2025-05-13: Committee report sent to Calendars
2025-05-13: Committee report distributed
2025-05-13: Comte report filed with Committee Coordinator
2025-05-09: Reported favorably as substituted
2025-05-09: Committee substitute considered in committee
2025-05-09: Considered in formal meeting
2025-04-23: Left pending in committee
2025-04-23: Testimony taken/registration(s) recorded in committee
2025-04-23: Considered in public hearing
2025-04-23: Scheduled for public hearing on . . .
2025-03-12: Referred to Pensions, Investments & Financial Services
2025-03-12: Read first time
2024-12-04: Filed

Money: No cost estimate published yet. No linked contracts or vendors yet.

Words on this page, explained (2)

Securities: Financial investments that can be bought and sold, such as stocks and bonds.
Veto: The power of a president or governor to reject a bill passed by the legislature. Lawmakers can override a veto with a large enough vote (two-thirds of each chamber in Congress).

Plain meanings written from linked sources. All words.

Sources

Official summary
Texas Legislature Online: bill history
Data: Texas Legislature Online bill history XML (Texas Legislative Council), ftp://ftp.legis.state.tx.us/bills/89R/billhistory/

Record st-tx-89r-hb1514 · catalog st-tx-tlo-bills-89r · updated 2026-11-03 by psicol tx-bills