SB 449 would prohibit Texas' local governments from issuing capital appreciation bonds, an exotic type of municipal bond that defers payment of principal and interest for many years, sometimes decades, putting in jeopardy future taxpayers.
Energy & Environment
Southern Spirit Line: High Voltage Hype, Low Impact for Texas
The proposed Southern Spirit transmission line connecting Texas to Louisiana and Mississippi has generated a lot of headlines over the past week, with my favorite coming from the publication Electrek: “Hell froze over in Texas—the state will connect to the U.S. grid for the first time via a fed grant.” I laughed. The article fails...
October 11, 2024