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About this Episode
Early voting in Houston started Monday Oct 23rd and will go until Nov 3rd. The actual election day is Nov 7th. There’s a lot of important propositions on the ballot sheet this year. There's Texas Statewide amendments, City improvement budgets, Judges, City bonds, School board officials and more. This is an important election due to the fact that most folks tend to skip out on off year elections. Well, here at Medulla Talk, we try to change the norm. In this episode we talk about what's on the ballot sheet and discuss some important issues with it.
Talking Points in Show:
Texas State Propositions
State Prop 1:
The constitutional amendment authorizing the legislature to provide for an exemption from property tax of the residence homestead of a disabled veteran or the surviving spouse of a disabled veteran if the residence homestead was donated by a charitable organization.
State Prop 2:
The constitutional amendment to establish a lower amount for expenses that can be charged to a borrower and removing certain financing expense limitations for a home equity loan, establishing certain authorized lenders to make a home equity loan, changing certain options for the refinancing of home equity loans, changing the threshold for an advance of a home equity line of credit, and allowing home equity loans on agricultural homesteads.
State Prop 3:
The constitutional amendment limiting the service of certain officeholders appointed by the governor and confirmed by the senate after the expiration of the person's term of office.
State Prop 4:
The constitutional amendment authorizing the legislature to require a court to provide notice to the attorney general of a challenge to the constitutionality of a state statute and authorizing the legislature to prescribe a waiting period (45 days) before the court may enter a judgment holding the statute unconstitutional.
State Prop 5:
The constitutional amendment on professional sports team charitable foundations conducting charitable raffles.
State Prop 6:
The constitutional amendment authorizing the legislature to provide for an exemption from taxation of all or part of the market value of the residence homestead of the surviving spouse of a first responder who is killed or fatally injured in the line of duty.
State Prop 7:
The constitutional amendment relating to legislative authority to permit credit unions and other financial institutions to award prizes by lot to promote savings.
Houston City Bonds
The issuance of $1 Billion in pension obligation bonds. Proceeds will be for funding a portion of the unfunded liability of the City with respect to the Houston Police Officers' Pension System and the Houston Municipal Employees Pension System, and debts incurred by underfunding those systems.
The issuance of $160 million to public safety improvement bonds for the acquisition, construction, rehabilitation and equipment of public safety improvements for the police and fire departments.
The issuance of $104 million to park improvement bonds for the conservation, improvement, construction and equipment of neighborhood parks, recreational facilities and bayous, including such green spaces along all bayous to create an integrated system of bayou walking, running and bicycle trails to enhance, preserve and protect the health of citizens, water quality, natural habitat and native wildlife.
The issuance of $109 million to public facility improvement bonds for the acquisition, construction, rehabilitation, and equipment of permanent improvements that support public health and wellness, sanitation and other essential governmental and general services of the City.
Why even vote?
We discuss the importance of voting and why it matters.