AUSTIN –Texas Public Policy Foundation’s (TPPF) Center for Local Governance Senior Policy Analyst Jess Fields will testify before House Committee on Investments & Financial Services—Subcommittee on Bond Indebtedness TOMORROW, Wednesday, March 18, 2015 at 8:00 am CDT in room E2.028 of the Texas State Capitol. Mr. Fields will focus his remarks on House Bills 156 and 1378.
“Local government debt should only be used for the purpose that voters approve,” said Fields. “House Bill 156 would bring some much-needed reform to home-rule municipalities’ use of unspent bond proceeds, ensuring that debt authorized for a specific purpose can only be used for that purpose.
“It is critical to keep Texans informed on matters of public finance so that taxpayers can understand how their tax dollars are being spent and why. That’s the reason that bills to provide for greater government transparency, like House Bill 1378, are so necessary to the process.”
| WHO: | Jess Fields, Senior Policy Analyst, Center for Local Governance, TPPF |
| WHAT: |
Testimony before the House Committee on Investments & Financial Services—Subcommittee on Bond Indebtedness |
| WHEN: |
Wednesday, March 18, 2015 8:00 a.m. CDT |
| WHERE: | Texas State Capitol, Room E2.028 |
More information about the hearing can be found at: http://txpo.li/1DtJTAG
To schedule an interview with Mr. Fields, please contact Caroline Espinosa at [email protected] or 512-472-2700.
The Honorable Jess Fields is senior policy analyst in the Center for Local Governance at the Texas Public Policy Foundation and a former College Station City Councilman.
The Texas Public Policy Foundation is a non-profit, free-market research institute based in Austin, Texas.