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2025-2026 Regular Session Introduced by Brion Curran and 4 co-sponsors

Limits bond funding for voter-approved projects to 80% of the total cost, requiring at least 20% from non-bond sources.

Second reading

#datapracticesandprivacy #family #governmentaloperations-state

HF 101 — Summary

Bill number: H.F. 101
Introduced: January 22, 2025
Sponsor (primary): Rep. Meggers
Status: Second reading (as of April 2, 2025)
Companion: S.F. 1118

Note: the bill header provided by the user (title referring to parent contact information and directory data) does not match the text in the 1st Engrossment. The enacted text of H.F. 101 (1st Engrossment) addresses municipal/state bond issuance limits, not data/privacy. This summary covers the statutory text in the 1st Engrossment.

Purpose / Intent

The bill limits the amount of bonds that may be issued to finance a voter‑approved project. Its stated intent is to require non‑bond funding for at least a portion of the cost of projects for which voters approve bond propositions after July 1, 2025, thereby reducing the share of project costs funded through debt.

Key provisions

Adds new section 75.1A (Bond issuance — limitation).

For any project whose bond proposition is approved at an election held after July 1, 2025, the total amount of bonds issued for that project under any provision of law may not exceed 80% of the project’s total cost.

The remaining project costs (i.e., at least 20%) must be funded from sources other than the sale of bonds.

Who/what is affected

Local governments and public entities that seek voter approval to issue bonds for capital projects (e.g., counties, cities, school districts, special districts).

Voter‑approved capital projects with bond propositions passed at elections held after July 1, 2025.

Taxpayers and other funders, who may face different levy requirements or be asked to provide larger up‑front or alternative funding (grants, pay‑as‑you‑go capital, reserve funds, private partnerships).

Fiscal and practical impacts

Reduces the maximum portion of project costs fundable by bonds to 80% for covered projects, lowering borrowing amounts and long‑term debt for those projects.

Requires local or other entities to identify and secure at least 20% of project costs from non‑bond sources (local funds, levies outside bonded debt, grants, donations, partnerships, or pay‑as‑you‑go financing).

Could make some projects harder to finance or delay projects until matching funds are secured; may increase reliance on local taxes or other revenue mechanisms.

May reduce interest costs and debt service obligations borne by future taxpayers but could increase near‑term fiscal demands on local budgets or capital reserves.

The bill text does not specify enforcement mechanisms, definitions (e.g., what constitutes a single “project”), or exceptions for emergency or specific project types; these ambiguities could require later administrative guidance or litigation.

Timeline / procedural notes

Rule applies only to bond propositions approved at elections held after July 1, 2025.

Legislative actions recorded: referred to various committees, committee reports to adopt as amended, second reading on April 2, 2025. Several authors were added during consideration.

Because the title and subject metadata provided differ from the textual content, stakeholders should confirm the final enrolled language before drawing firm conclusions about legal effects.

If you want, I can:
- Draft a one‑page explainer for local governments on practical steps to comply (funding options, budgeting changes), or
- Compare this version to companion S.F. 1118 to highlight any differences.