Relating to the revocation of an organization's adoption of a section of the state highway system.
Impact
If enacted, HB3360 would significantly change how organizations are managed within the Adopt-a-Highway framework. It establishes clear criteria for revocation, including considerations of the organization's reputation, mission history, and overall public safety. The bill mandates that the Department of Transportation conduct a public hearing within 60 days of receiving a valid petition to discuss the potential revocation, ensuring a level of community involvement and transparency in decision-making.
Summary
House Bill 3360 introduces new procedures for revoking an organization's adoption of a section of the state highway system under the Texas Department of Transportation's Adopt-a-Highway program. This bill allows for a formal process through which individuals can petition the department to revoke an organization's adoption of a highway section, requiring a threshold of signatures from voters in the relevant county to initiate the process. Specifically, the threshold is set at one-half of one percent of the total votes cast in the most recent gubernatorial election in that county.
Contention
Some points of contention may arise around the practical implications of the petition process, particularly regarding how accessible it is for residents to effectively gather the requisite signatures and mobilize community support. Critics could argue that it imposes a burden on citizens who wish to challenge an organization's presence on the highway system, while supporters may view the bill as a necessary measure to maintain safety standards and program integrity. The requirement for public hearings may also raise concerns about resource allocation and the potential for community disputes to influence decisions.
Relating to the fiduciary responsibility of the governing body of the public retirement systems in this state and the investment managers and proxy advisors acting on behalf of those systems.