Senate Bill 1371 also requires similar disclosures for local sales tax increases.
The Republican-controlled House passed the bill Monday on a 34-22 party-line vote. It previously passed the Senate but will return there for another vote because of a House amendment.
The bill is designed to let voters know how much debt municipalities are taking on and how that will impact their taxes.
For a bond election, the ballot must include an estimate of the amount of property taxes needed to pay the bond debt and the amount a $100,000 home’s property taxes would increase.