Monday, March 07, 2005

Bills on state investments

In the spirit of openness and transparency, Rep. Dan Gattis (R-Georgetown) filed HB 223 to increase public awareness of state investments. "It is the policy of this state that investments of the government are investments of and for the people and the people are entitled to information regarding those investments. The provisions of this section shall be liberally construed to implement this policy."

Transparency in state decisions is paramount to a democracy, and letting sunlight into state investments is a key step in this. U.S. Sen. John Cornyn (R-Texas) introduced the OPEN Government Act using these same principles.

HB 815 was introduced by Rep. Lon Burnam (D-Fort Worth) to ban state investments in Sudan in light of the military actions in that country, which many are calling genocide. HB 817 was introduced by Yvonne Davis (D-Dallas) a while back on behalf of the AFL-CIO to prevent any state promotion of job outsourcing through investments.

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