Posted inUncategorized

Legislature could stifle bond funding source for Texas cities

A bill introduced by Texas State Rep. Jim Pitts (R-Waxahachie) would limit the ways in which municipalities, school districts, counties, and seemingly any other local governmental entity could use Certificates of Obligation. Senator Tommy Williams (R-The Woodlands) is the Senate sponsor of the bill.   Certificates of Obligation are bond notes often used by jurisdictions […]

Gift this article