(ROCKWALL, TX — March 15, 2017) Representative Tan Parker, Chairman of the House Committee on Investments and Financial Services, appointed Representative Justin Holland (R-Heath) to the House Sub-Committee on State and Local Bonded Indebtedness. The sub-committee is charged with considering legislative measures dealing with the authority to issue bonds, the effects of bonded indebtedness on our economy, and the transparency provided to taxpayers regarding bond issuance and transactions.
In making the appointment of the committee, Chairman Parker stated, “Bonded indebtedness has always been a tool for state and local governments to finance public services. However, from time to time, we must also review this process so that we maintain transparency, fiscal discipline, and efficiency as our state grows and its bonded debt increases.”
Observers have noted that bonded debt has grown substantially in Texas since 2000. As such, the time has come for legislators to take a serious look at this issue. The sub-committee will be chaired by Phil Stephenson. Joining Representative Holland on the State and Local Bonded Indebtedness Sub-Committee are Representatives Oscar Longoria, Dustin Burrows, and Jay Dean.
Submitted press release.
Our print edition is delivered free to 19,000+ homes in Rockwall and Heath, TX.
To share your good news and events, email editor@BlueRibbonNews.com.
For advertising inquiries both online and in print, call 214-342-8000 or email advertising@BlueRibbonNews.com.
Download the FREE Official Rockwall Area App for Apple iPhone or Android.
Rep. Holland appointed to House Sub-Committee on State and Local Bonded Indebtedness added by Austin on
View all posts by Austin →