The purpose of SB 462 is to improve transparency in the debt issuance process—something that is sorely needed. The current system does not provide voters with sufficient information to make an informed decision in the voting booth when deciding on new debt.
Texas DOGE Roars to Life
Nearly one year ago, Texas Governor Greg Abbott signed into law Senate Bill 14 in an effort to “slash regulations, put stricter standards on new regulations that could be costly to businesses, and put a check on the growth of the administrative state.” All worthy goals too considering the Lone Star State’s cumbersome regulatory environment, which recently ranked “as the fifth most-regulated…in the nation, after California,...