Check Explanation
Explanation:
Hogg laws came as result of the laws made by the then Governor of Texas James Stephen "Big Jim" Hogg. Jim Hogg was the 20th Governor of Texas.
During his second term, he advocate for a good rail systems and to stop the Railroad Commission from issuing watered stocks, and under his administration, the legislature passed a law allowing the Railroad Commission to fix rates based on fair valuation and to stop many of the practices the railroad companies had used to manipulate stocks. This law helped them to be fully equipped to fight the power of the railroads commission
He was also involved in the law that deals with the regulations ownership which will regulate alien land ownership, under his administration legislature passed the Perpetuities and Corporation Land Law, which required private corporations to sell all land they had held for speculative purposes within 15 years.
One of his laws deals with the regulations of the issuance of county and municipal bonds, a law was later pass requiring
the communities which issued bonds should also have a plan to collect sufficient taxes to pay the interest.
He also supported the railways creation in which he permitted the legislature in 1894 to create the Railroad Commission.
