Thursday, April 28, 2005

Bad Economics, Bad Legislation

The legislature is at it again. They have decided for you to pay off developers for doing the right thing. House Bill 2833 and Senate Bill 1647 are the equivalent of you filling up your car with half a tank of gas and asking for the city to pay for the rest because you didn't want to. Okay, its not completely like that, but these are still bad bad bills.

According to a TexAN alert House Bill 2833 and Senate Bill 1647 mandate taxpayer subsidies to developers for profits lost because of government action to protect neighborhoods, schools, and churches to prevent offsite flooding and protect drinking water.

These bills encourage lawsuit abuse by unscrupulous developers and their lawyers. The bills would bankrupt cities to fight frivolous "takings" claims. Please contact your Senator TODAY to oppose these bills.


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