Relating to voter information provided by political subdivisions before an election to authorize the issuance of bonds.

HB 4965 requires local governments (like cities or counties) holding bond elections to provide clearer voter information about proposed debt. It mandates that ballots explicitly state the total bond amount, tax impact (showing current rate, projected rate if bonds pass, and percentage increase), and a detailed table comparing new bonds to existing debt obligations. The bill also requires a separate voter information document detailing principal, interest, and outstanding debt, formatted as a table for transparency. These changes directly affect any political subdivision seeking voter approval for bond issuances, ensuring voters understand the financial implications before voting. The bill amends existing Texas Government Code sections to standardize disclosure requirements for bond elections.