What does Texas HB2253 do?
Effective immediately, HB2253 grants political subdivisions (MUDs, ISDs, Municipalities) the statutory authority to cancel ordered bond elections if a Governor-declared disaster occurs within 90 days of the election. This creates a critical "off-ramp" for public entities but introduces revenue uncertainty for election vendors, bond counsel, and construction firms with contingent contracts tied to bond passage. Implementation Timeline Effective Date: June 20, 2025 (Immediate effect).