SB427 — Relating to the eligibility of certain political subdivisions to receive a state loan or grant following the political subdivision's failure to comply with certain financial reporting requirements.

SB427 — Relating to the eligibility of certain political subdivisions to receive a state loan or grant following the political subdivision's failure to comply with certain financial reporting requirements. · Informed CitizenrySB 427 amends the Local Government Code to restrict the eligibility of certain political subdivisions to receive state loans or grants. Under the proposed law, a political subdivision is ineligible…Open in Informed Citizenry