Relating to the authority of a political subdivision to propose for voter approval the issuance of general obligation bonds for a purpose rejected by voters at a bond election held during the preceding five years.

SB 409 prevents cities or counties in Texas from asking voters to approve general obligation bonds for a specific project if voters previously rejected the same project in a bond election within the last five years. The bill creates a clear 5-year waiting period after a voter rejection before a political subdivision can resubmit the same bond proposal. This rule applies only to bond elections ordered on or after September 1, 2025, and does not affect past or pending elections. The law aims to limit repeated voter referendums on rejected bond projects within a short timeframe.