Relating to the continuation and functions of the Texas Public Finance Authority.
Impact
If passed, HB2251 would continue the existence of the Texas Public Finance Authority, which is crucial for managing state bonds and financing. The act amends several provisions regarding how the authority issues bonds, particularly for state agencies including higher education institutions. This ensures that the state can fund essential projects, particularly in healthcare and education, thereby affecting local governance and funding availability across Texas.
Summary
House Bill 2251 relates to the continuation and functions of the Texas Public Finance Authority. This legislation proposes amendments to the Government Code, particularly focusing on the authority's powers and responsibilities concerning the issuance of bonds for various state agencies. It seeks to ensure the authority’s ongoing operations and refine its procedural frameworks as required under the state's regulatory environment.
Contention
Notable points of contention may arise concerning the authority's broader powers under this bill, particularly in regards to negotiated rulemaking and alternative dispute resolution processes. Critics may argue that expanding the authority's functions without comprehensive oversight could lead to mismanagement and insufficient accountability in how funds are allocated and utilized. The focus on multi-year cancer-related projects indicates a prioritization of health initiatives, which may lead to debates about funding allocation and priorities among different sectors.
Relating to the continuation and functions of the Texas Juvenile Justice Department and the functions of the office of independent ombudsman for the Texas Juvenile Justice Department.
Relating to the continuation and functions of the Public Utility Commission of Texas and the Office of Public Utility Counsel, and the functions of the independent organization certified for the ERCOT power region.
Relating to the continuation and functions of the Public Utility Commission of Texas and the Office of Public Utility Counsel, and the functions of the independent organization certified for the ERCOT power region; increasing an administrative penalty.
Relating to the continuation and functions of the Texas Juvenile Justice Department, the functions of the office of independent ombudsman for the Texas Juvenile Justice Department, and the powers and duties of the office of inspector general of the Texas Juvenile Justice Department.
Relating to the functions of the Texas Water Development Board and continuation and functions of the State Water Implementation Fund for Texas Advisory Committee.
Relating to accountability of institutions of higher education, including educator preparation programs, and online institution resumes for public institutions of higher education.
Revises calculation of student financial need and provides circumstances for reduction of financial aid at institutions of higher education and proprietary institutions.
Revises calculation of student financial need and provides circumstances for reduction of financial aid at institutions of higher education and proprietary institutions.
Revises calculation of student financial need and provides circumstances for reduction of financial aid at institutions of higher education and proprietary institutions.