Texas Senate Bill SB2097

Texas 2019 - 86th Regular

Caption

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

Impact

The impact of SB2097 on state laws is significant as it amends existing provisions in the Government Code regarding the reporting and transparency requirements for special purpose districts. The new regulations stipulate how financial information should be maintained, reported, and made available to the public, which could lead to a shift in how these districts operate. This level of transparency may encourage better fiscal management and oversight from both district officials and the citizens they serve.

Summary

Senate Bill 2097 aims to enhance the fiscal transparency of special purpose districts and other political subdivisions in Texas. The bill mandates that these districts provide detailed information about their operations, including the names of board members, financial obligations, and tax rates. By requiring this information to be publicly accessible, the bill seeks to improve government accountability and ensure that citizens can readily obtain data about how local funds are managed and spent.

Contention

Notably, discussions surrounding the bill may highlight points of contention regarding the balance between transparency and the operational demands on these districts. While advocates argue that increased transparency is crucial for government accountability, some may express concerns about the administrative burden that such requirements could impose on smaller districts with limited resources. Ensuring that these entities can comply with the new regulations without compromising their operational efficiency is a potential challenge that critics might raise.