The safety of Texas drivers is a major concern for legislators and all Texans. Multiple laws have been passed to keep Texas drivers safe, but do these laws achieve their goals? Could the burden of these laws on economic activity and job creation from higher taxes and fees outweigh the benefits?
Without True Local Control, Pension Problems Spiral
The 45th Legislature established the Texas Local Fire Fighters Retirement Act (TLFFRA) in 1937 to create local retirement systems for the benefit of full-time, part-time, and volunteer firefighters in participating cities. At the time, lawmakers intended to create a general governance structure while still “leav[ing] administration, plan design, contributions, and specific investments to each system’s...