12. The Board considered review of the District's investments for compliance
Official Roll-Call Vote
Staff Report & Agenda Item Details
with Senate Bill 253. The attorney reminded the Board that Senate Bill 253 prohibits the District from investing with entities that support terrorist organizations. The District's investment officer, Mary Jarmon, periodically reviews a list of such entities that is prepared by the Texas Comptroller 94056-002 594740.1 of Public Accounts and made available on their website and confirmed that the District's investments comply with the law.
Bastiat Liberty & Property Rights Analysis
This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.4/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.