Speaker Straus to consider crowdfunding in Texas

Texas Speaker of the House Joe Straus, R-San Antonio, center, shares a laugh with fellow lawmakers as they prepare to convene, Monday, August 5, 2013, in Austin , Texas. The Texas House, in it's third special session, is working on a bill to fund Texas roads and bridges. (AP Photo/Eric Gay)

AUSTIN (KXAN) – Speaker of the House Joe Straus sent state representatives a list of interim charges, ordering committees to look into a crow-sourced funding system, among other things.

He called on the House Committee on Investments and Financial Services to “analyze the costs and benefits of implementing an intrastate equity crowd-funding system in Texas.” Essentially, a Kickstarter for the state. Several other states have, or are considering, crowdfunding options such as Kansas, Georgia, North Carolina and the state of Washington.

Other things on Straus’ agenda:

  • Eradication of feral hogs
  • Reducing the reliance on dedicated accounts for budget certification
  • In light of the recent school finance trial, there’s no surprise he called for a review of public education funding and to determine where more capital was needed.
  • Study the impact of credit card data theft and other credit or privacy information theft on Texas consumers and businesses.
  • Study the classification of 17-year-olds as adults in the criminal justice system of Texas.
  • Consider an online voter registration system
  • Review the study by the Secretary of State required by HB 3103 (83R) regarding moving the date of the Texas presidential primary election, and make appropriate recommendations.
  • Study the rules, laws, and regulations pertaining to the disposal of high-level radioactive waste in Texas and determine the potential economic impact of permitting a facility in Texas.
  • Investigate the fatal explosion in West, Texas, in April 2013, for deficiencies in safety, risk management, and disaster planning by chemical facilities and state entities.

Straus will announce additional charges and initiatives to highlight his own priorities for the next session.

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