Vote Recommendation | Economic Freedom | Property Rights | Personal Responsibility | Limited Government | Individual Liberty |
---|---|---|---|---|---|
Yes | Neutral | Neutral | Neutral | Positive | Neutral |
Relating to the vote required to authorize the issuance of certain
bonds.
No fiscal impact to the state is anticipated.
SB 1090 would require at least three-fifths voter approval of the voters in an election held by a political subdivision to authorize the issuance of a bond.
Texas Action supports SB 1090 because it promotes limited government principles. If a political subdivision is going to issue additional bonds, a significant portion of the population should approve those debts. This is especially true in light of the fact that voter turnout for these elections are notoriously low.