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.
Growing Pains: The Cost and Contribution of Impact Fees in Texas
Texas’s rapidly growing population requires new infrastructure and improvements, which oftentimes come at great expense. To fund these projects, local officials often impose impact fees on new development—but their use comes at a cost. Key points: Texas is the fastest-growing state in the nation. As such, it has robust infrastructure requirements. To help finance capital...