SB 18 is a good start at reforming eminent domain law, but needs improvement. We should ensure that property is taken only if necessary for a public use, and that owners can buy back property taken but not used in 10 years.
Water Markets in Texas
Texas water law should be updated to embrace free market transactions that have been incorporated into other Texas statutes governing markets such as electricity, telecommunications, and insurance. Key points: The best instrument for optimizing allocation of scarce water resources is the exercise of private property rights in a competitive marketplace, otherwise known as a water...