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Addison staff briefs council on 89th Texas Legislature; bills could affect municipal revenue and local control
Summary
Town staff outlined several bills before the Texas Legislature that, if enacted, would affect municipal financing and local authority. Staff identified bills of particular concern and recommended avenues for constituent engagement with legislators.
City staff updated the Addison City Council on May 6 about several pending measures in the 89th Texas Legislature that could affect municipal revenues, debt authority and local regulatory control.
Sarah, the presenter for the legislative update, told council that the session — which began Jan. 14 and is scheduled to adjourn June 2 — showed a high volume of bills that could affect local governments. She highlighted a set of measures with potential fiscal or regulatory impact on Addison, summarized below.
Bills and potential local impacts (as presented) - House Bill 19: Staff said the bill would limit cities’ ability to issue principal debt and would restrict use of Certificates of Obligation (COs) for a range of projects (parking structures, airports, town halls, parks and similar items). A committee substitute also proposed a formula that could limit annual debt-service to a share of…
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