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.
Border Security
Rep. Hefner: Property taxes, security, and local reforms top priorities for next session
In a recent interview on The Arena with Greg Sindelar, State Rep. Cole Hefner, R-Mount Pleasant, offered a candid look at his East Texas roots, legislative record, and priorities as Texas heads toward its 90th legislative session. Hefner, who represents a deeply conservative district in Northeast Texas, traced his path to public office back to...
May 1, 2026