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.
My Journey to Understand El Paso’s Lobbying Expenses
In 2019, the Texas Legislature passed a law (House Bill 1495) to help correct “unethical political behavior” at the local level. One key provision in the law requires political subdivisions to disclose the amount of money being spent to lobby the legislature in their proposed budgets. As more fully articulated in Sec. 140.0045 (b)(2) of...