What does Texas SB2406 do?
SB2406 mandates a governance overhaul for the Sabine River Authority (SRA), imposing strict training requirements on Directors that carry a penalty of immediate voting disqualification. For vendors, municipalities, and bond issuers, this creates a critical "quorum risk" starting December 1, 2025, potentially freezing contract awards and bond authorizations if the Board lacks eligible voters. Implementation Timeline Effective Date: September 1, 2025 Compliance Deadline: December 1, 2025 (Hard stop for Director training; voting disqualification begins immediately after this date).