Texas House Bill HB2021

Texas 2019 - 86th Regular

Caption

Relating to approval by voters prior to the issuance of revenue bonds by river authorities.

Impact

The implementation of this bill is expected to enhance accountability and transparency within local governance. By requiring voter approval, HB2021 ensures that citizens have a say in the financial commitments made by river authorities, which directly affect their communities. This could lead to a more engaged electorate who are better informed about and involved in decisions regarding regional water management and resource planning.

Summary

House Bill 2021 addresses the approval process for the issuance of revenue bonds by river authorities in Texas. Under this bill, a river authority must obtain majority approval from voters within its service area before it can issue revenue bonds. This change is significant as it promotes greater public input and oversight regarding projects financed through these bonds, which are often utilized for essential infrastructure and public utility improvements.

Contention

One point of contention surrounding HB2021 may involve the implications of increased voter involvement on the speed and efficiency of necessary infrastructure projects. Opponents might argue that requiring voter referendums for revenue bond issuance could delay critical projects, particularly in times of urgent need for water management solutions. Proponents, on the other hand, are likely to emphasize that this bill empowers voters and enhances democratic processes in local governance.