Texas 2019 - 86th Regular

Texas Senate Bill SB465

Caption

Relating to a public database maintained by the comptroller of information about certain political subdivisions.

Impact

By enforcing mandatory reporting requirements, SB465 aims to improve the flow of information to the public and state authorities about governmental financial operations. If political subdivisions fail to report the required information, they could face penalties of up to $2,000. The implications of this bill could lead to a more standardized approach to public financial reporting, potentially resulting in increased scrutiny of how tax revenues are utilized and enhancing trust within communities about local governance practices.

Summary

Senate Bill 465 (SB465) proposes the establishment of a public database maintained by the comptroller to collect and disseminate information about certain political subdivisions in Texas. The bill's primary goal is to enhance transparency and accountability regarding these subdivisions, which include municipalities, counties, and various districts that have specific taxing powers. The proposed database would contain essential information about annual financial operations, including bonds, gross receipts from operations, and other relevant financials, making it publicly accessible on the Internet.

Contention

The discussions around SB465 highlighted a few points of contention. While supporters, likely including those advocating for transparency, celebrate the bill's potential to hold local governments accountable and improve public trust, there are concerns regarding the administrative burden it may impose on smaller subdivisions. Critics are apprehensive about whether these entities have the resources and capacity to comply with additional reporting requirements, which might distract from essential services and lead to unintended financial strains.

Additional_aspects

The database's implementation also raises questions about the accuracy of the data being reported and the capacity of the comptroller's office to maintain it effectively. If the database does not remain current or is perceived as incomplete, its intended purpose could be undermined, potentially heightening skepticism about the integrity of the information it is meant to provide. Thus, SB465 not only aims to ensure information accessibility but also emphasizes the importance of maintaining the quality and reliability of the records maintained.

Companion Bills

No companion bills found.

Previously Filed As

TX SB1340

Relating to the local development agreement database maintained by the comptroller of public accounts.

TX HB3002

Relating to the authority of certain political subdivisions to issue certificates of obligation.

TX HB5222

Relating to consent to the creation of certain political subdivisions.

TX SB2349

Relating to consent to the creation of certain political subdivisions.

TX HB4559

Relating to the application of statutes that classify political subdivisions according to population.

TX HB380

Relating to the secretary of state posting on the secretary of state's Internet website databases containing certain information about elections.

TX SB2330

Relating to the authorization and reporting of expenditures for lobbying activities by certain political subdivisions and other public entities.

TX HB38

Relating to the elimination of certain property taxes for school district maintenance and operations and the provision of public education funding by increasing the rates of certain state taxes.

TX HB622

Relating to the publication of required notice by certain political subdivisions by alternative media.

TX HB5202

Relating to a central database containing information about offenders who have committed certain violent offenses.

Similar Bills

TX SB1253

Relating to a public database maintained by the comptroller of information about certain political subdivisions.

TX HB3001

Relating to the fiscal transparency of special purpose districts and other political subdivisions.

TX HB3770

Relating to the repeal of or limitations on certain state and local taxes, including ad valorem taxes, the enactment of state and local value added taxes, and related school finance and administration reform; imposing taxes.

TX SB200

Relating to public access to boundary, financial, and tax rate information of certain political subdivisions.

TX SB309

Relating to public access to boundary, financial, and tax rate information of certain political subdivisions.

TX SB843

Relating to public access to boundary, financial, and tax rate information of certain political subdivisions.

TX HB1378

Relating to the fiscal transparency and accountability of political subdivisions.