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.

HB 113 would prevent local governments (such as cities or counties) from resubmitting a bond proposal for the same purpose to voters within five years of a previous rejection at a bond election. The bill adds a new rule to Texas law stating that if voters previously rejected a bond for a specific project, the government cannot ask again for that same project within five years. This rule would only apply to bond elections ordered on or after the bill's effective date. The legislation does not change existing bond requirements but limits how often a government can retry a rejected proposal.