Bills › 91st General Assembly
Relating to the financing of the acquisition, construction, reconstruction, expansion, improvement, or repair of conduit and the acquisition of associated real estate interests
Where it is now
- Done: IntroducedMarch 5, 2025
- Done: SubcommitteeMarch 5, 2025
- Stopped: House committeeDied when the General Assembly ended
- Next: Passes the House
- Next: Senate committeeFunnel: by March 20, 2026
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2026 session adjourned on May 3, 2026, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
AI summary City councils can now borrow money to build, fix, or expand conduit and buy the land needed for those projects. Doing this counts as an essential corporate purpose, which means the city can issue certain bonds without needing a vote from the public.1
Read the official explanation
This bill amends the definition of “essential corporate purpose” contained in Code section 384.24 to include the acquisition, construction, reconstruction, expansion, improvement, and repair of conduit and the acquisition of real estate interests needed for such purposes. Under Code chapter 384, a city council may generally contract indebtedness and approve the issuance of general obligation bonds to carry out an essential corporate purpose without approval by voters at an election, while the issuance of general obligation bonds to carry out a general corporate purpose generally requires approval by voters at election.
House subcommittee
Named March 5, 2025. It hasn’t reported yet.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part