Texas Senate Bill SJR66

Texas 2019 - 86th Regular

Caption

Proposing a constitutional amendment authorizing the state or a municipality or county to donate certain property to the United States to promote border crossing security or international bridge trade corridors, to issue public securities to finance the acquisition or construction of that property, and to use public money to make certain payments related to public-private partnerships.

Impact

If passed, SJR66 would amend Article III of the Texas Constitution by adding Sections 52m and 52n. This amendment would empower state and local governments to engage in transactions that enhance border security and facilitate trade by donating both real property and technology to federal entities. The financial framework outlined allows these governments to issue public securities aimed at funding the acquisition or construction of necessary infrastructure, which could have substantial budgetary implications at both state and local levels.

Summary

SJR66 proposes a constitutional amendment that allows the state, municipalities, or counties in Texas to unconditionally donate certain properties to the United States. This initiative aims to enhance border crossing security and develop international bridge trade corridors, supporting the state's involvement in national infrastructure initiatives related to trade. The bill includes provisions for the financing of property acquisitions or improvements through public securities, indicating a significant fiscal maneuver designed to facilitate these donations and developments.

Contention

There may be points of contention regarding the degree to which local governments should have the authority to donate public properties without stringent oversight or parameters, especially considering the financial implications of issuing public debt. Critics might argue that this could potentially drain public resources or risk public funds with insufficient fiscal accountability. Furthermore, the usage of public funds for payments related to public-private partnerships might raise concerns about transparency and the implications for competition among private entities in these sectors.