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HB 3688 (89R): Relating to the issuance of certain anticipation notes and certificates of obligation.

89th Legislature, regular session · filed 2025-03-04 · Latest: Referred to Pensions, Investments & Financial Services: Mar 25 2025 3:26PM

texasstate-bill

What does this mean?

Official caption

Relating to the issuance of certain anticipation notes and certificates of obligation.

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 issuance of certain anticipation notes and certificates of obligation.

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

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Alternatives

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Officials and money

Authors: Smithee

Bill history (latest 3 steps)

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Words on this page, explained (2)
Obligation
A binding promise by a government agency to pay money, for example by signing a contract or awarding a grant. Spending data such as USAspending.gov counts money when it is obligated, which can be before it is actually paid out.
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

Record st-tx-89r-hb3688 · catalog st-tx-tlo-bills-89r · updated 2026-11-03 by psicol tx-bills