Proposing a constitutional amendment to require a supermajority vote to authorize a political subdivision to issue general obligation bonds or other debt obligations payable from ad valorem taxes.

HJR 14 proposes a constitutional amendment requiring a three-fifths (60%) supermajority vote of voters, not just a simple majority, to approve any local government (like cities, counties, or school districts) issuing general obligation bonds or debt funded by property taxes. This would directly affect political subdivisions seeking to borrow money for projects such as infrastructure or schools using property tax revenue. The amendment would take effect January 1, 2026, for bond authorizations approved by voters on or after that date. It must be approved by Texas voters in the November 4, 2025, election to become part of the state constitution.