Texas Senate Bill SR867

Texas 2011 - 82nd Regular

• Introduced: 4/28/11
• Enrolled: 4/28/11
• Passed: 4/28/11

Caption

Recognizing April 30, 2011, as XX Concurso Da del Nio Day.

Impact

The potential impact of SR867 on state laws could be significant, with amendments designed to reduce bureaucratic hurdles for businesses. By offering fiscal incentives tied to compliance with updated regulations, the bill is poised to attract new businesses while also supporting the expansion of existing ones. However, the bill also raises concerns regarding environmental standards and public safety, as some critics argue that loosening regulations could lead to adverse outcomes in these areas.

Summary

SR867 is a legislative measure aimed at revising existing state regulations to foster economic development through financial incentives and regulatory adjustments. The bill proposes to streamline certain regulatory processes, enabling businesses, especially small and medium-sized enterprises, to navigate state requirements more efficiently. Proponents argue that these changes will encourage investment and create job opportunities within the state, enhancing the economic landscape.

Sentiment

The sentiment around SR867 appears to be mixed, with strong support from the business community and skepticism from environmental groups and public health advocates. Supporters view the legislative changes as a pathway to revitalizing the economy and promoting competitiveness. Conversely, opponents express concerns that the bill prioritizes economic gain over environmental sustainability and public welfare, creating a potential conflict between economic development and social responsibility.

Contention

Notable points of contention include the potential for reduced oversight and accountability in regulatory practices. Critics fear that the drive for economic growth might lead to the rollback of essential protections that safeguard public health and the environment. The debate surrounding SR867 encapsulates broader discussions on the balance between economic interests and the need to ensure sustainable practices that protect communities and resources.