Texas Senate Bill SB936

Texas 2011 - 82nd Regular

• Introduced: 2/24/11
• Refer: 3/8/11

Caption

Relating to the law governing the Lower Neches Valley Authority; providing authority to issue bonds.

Impact

The bill potentially transforms how water management is conducted in the Neches River basin and surrounding areas, facilitating critical infrastructure development to mitigate flooding and manage water supply. By enabling the Authority to issue bonds, SB936 increases financing options for essential projects, which is especially important in regions susceptible to flood risks. This financial authority is delineated to ensure that funds are allocated specifically for improvements and operational costs tied to the Authority's functions without impacting local tax revenues.

Summary

SB936, concerning the governance of the Lower Neches Valley Authority, proposes amendments to existing legislation governing the district, enhancing its authority to manage water resources effectively. Specifically, the bill allows for the issuance of bonds under certain conditions, enabling the district to finance water-related projects and infrastructure. It further clarifies the powers of the Authority in controlling and distributing water within its jurisdiction, aiming to address flood waters and ensure the equitable distribution of water resources among local communities.

Sentiment

Overall, the sentiment surrounding SB936 appears supportive among stakeholders who recognize the importance of robust water management tactics given the historical challenges of flooding in the region. While proponents argue that these provisions will facilitate necessary improvements and better resource management, there may be apprehensions regarding oversight and the efficient use of the funds generated through bond issuance. Ensuring accountability and transparency in the Authority's initiatives remains a key concern.

Contention

Discussions around SB936 may involve concerns about fiscal responsibility and the long-term implications of bond issuances on the local economy. Some critics may argue that such measures, while necessary, could lead to future debt burdens if not managed properly. The delineation of powers and the autonomy granted to the Lower Neches Valley Authority, although necessary for effective governance, could suggest a potential shift in authority that warrants scrutiny to ensure local interests are adequately represented and protected.