Texas 2019 - 86th Regular

Texas Senate Bill SB2004

Caption

Relating to the amount of certain general obligation bonds authorized to be issued to provide financial assistance to counties for colonia access roadway projects to serve border colonias.

Impact

If enacted, the bill would significantly enhance the financial resources available to counties for roadway construction and rehabilitation projects in these underserved areas. The additional funding could result in improvements in public safety and mobility, as well as promote economic development by facilitating better access to nearby urban centers. Furthermore, the increase in bond issuance serves as a strategic response to the persistent challenges faced by border colonias regarding inadequate infrastructure, thereby aiming to uplift the living standards of the residents in these regions.

Summary

Senate Bill 2004 proposes amendments to the Texas Government Code concerning the issuance of general obligation bonds specifically for financial assistance to counties aimed at improving access to roadway projects in border colonias. The bill seeks to raise the cap on the amount of bonds that can be issued for these projects from $175 million to $275 million. This increase in funding is designed to address the infrastructure needs of colonias, which are often underprivileged communities located near the Texas-Mexico border that lack adequate public services, including transportation.

Contention

One noteworthy aspect of SB2004 is that its effectiveness is contingent on the approval of a constitutional amendment proposed by the 86th Legislature, which would authorize the additional $100 million in bonds. Should the voters reject this amendment, SB2004 would have no effect, which introduces an element of uncertainty regarding the implementation of the funding it proposes. This dependency may lead to debates concerning the significance of local voter input vs. the urgent infrastructure needs of these communities, highlighting broader discussions about representation and resource allocation in Texas state policy.

Companion Bills

TX SJR65

Enabling for Proposing a constitutional amendment authorizing the issuance of additional obligations to provide financial assistance to counties for roadways to serve border colonias.

Previously Filed As

TX HJR167

Proposing a constitutional amendment increasing the amount of additional general obligation bonds that may be issued by the Texas Water Development Board to provide financial assistance for the development of certain projects in economically distressed areas.

TX SJR85

Proposing a constitutional amendment increasing the amount of additional general obligation bonds that may be issued by the Texas Water Development Board to provide financial assistance for the development of certain projects in economically distressed areas.

TX HB4853

Relating to the issuance of obligations by certain counties to pay the unfunded liabilities of the county to a public retirement system.

TX SB2182

Relating to the provision of financial assistance from the flood infrastructure fund for certain projects.

TX HB3002

Relating to the authority of certain political subdivisions to issue certificates of obligation.

TX HB5379

Relating to the creation of the Williamson and Bell Counties Municipal Utility District No. 1; granting a limited power of eminent domain; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.

TX SB282

Relating to authorizing an optional county fee on vehicle registration in certain counties to be used for transportation projects.

TX SB1418

Relating to the route designation for the issuance of a permit for the movement of oversize and overweight vehicles in certain counties.

TX HB1489

Relating to the issuance of certificates of obligation by local governments.

TX SB2490

Relating to the issuance of certificates of obligation by local governments.

Similar Bills

No similar bills found.