Tag Archives: Texas Enterprise Fund

House passes its budget

Mostly shenanigan-free, with a nice little side order of shade for a few people who deserve it. After 15 and a half hours of debate on hundreds of amendments to the Texas House budget, lawmakers in the lower chamber passed … Continue reading

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Business as usual with the Texas Enterprise Fund

Raise your hand if this surprises you. In July of 2013, Gov. Rick Perry announced that he had closed another deal. Chevron would build a 50-story tower in downtown Houston next to one of its existing office buildings. The $662 … Continue reading

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TOP releases report on inefficiency of development tax subsidies

From the inbox: [Thursday], the Texas Organizing Project and the Workers Defense Project released a report on the ineffectiveness of tax subsidies in cities across Texas, and proposed ways to increase requirements for such deals in Houston to offer benefits … Continue reading

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More on the initial bill filings

From the Trib, a sampling: As of Monday afternoon, a bill repealing the Texas Dream Act, which allows undocumented immigrant students to pay in-state college tuition rates, had yet to emerge. Lt. Gov.-elect Dan Patrick promised while campaigning that he would work … Continue reading

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Gov debate II: That’s more like it

The second Governor’s debate was a lively affair. Republican Attorney General Greg Abbott, who has mostly avoided direct confrontation with his opponent in the race for Texas governor, took a hard swing at Democratic Sen. Wendy Davis over her ethics … Continue reading

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Abbott’s Enterprise Fund issues

It’s a bit of a problem for him, isn’t it? While critics were hounding Gov. Rick Perry a decade ago about his job-luring Texas Enterprise Fund, his lawyers went to Attorney General Greg Abbott to block the release of applications … Continue reading

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Another look at Perry’s slush fund

Like everything with Rick Perry, there’s less to it than meets the eye. Texas Gov. Rick Perry has distributed $205 million in taxpayer money to scores of technology startups using a pet program designed to bring high-paying jobs and innovation … Continue reading

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Once again, where are the jobs Rick Perry was trying to poach?

Politico revisits a familiar subject. Since as early as February of last year and as recently as April of this one, Perry has made eight trips to six different states, all of which have one very particular thing in common: … Continue reading

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One place where a little austerity would do some good

Rick Perry’s slush funds get no love in the opening budgets. The House and Senate’s initial two-year budgets would force Perry’s deal-closing Texas Enterprise Fund to exhaust its last $7 million and throttle back on state film incentives and subsidies … Continue reading

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From the “If pigs had wings” department

It’s never a bad time to construct a counterfactual. What if Rick Perry had never said, “Oops”? What if he could have, for Christ’s sake, just remembered that he had wanted to gut the Department of Energy? What if he … Continue reading

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Comcast SportsNet Houston

This would be cool. The NBC Sports Group is seeking about $2 million in state and local support to bring a major production studio and 135 jobs to downtown Houston. The operation would be for Comcast SportsNet Houston, a new … Continue reading

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Why is stimulus by one type of government better than the other?

Perhaps someone should ask that question at the next Republican Presidential debate, which they seem to have every week or so. Gov. Rick Perry’s record of creating jobs with taxpayer money is coming under greater scrutiny because of his presidential … Continue reading

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Senate not inclined to accept Amazon’s bribe

Good for them. It looks like the Texas Legislature is likely to say no — at least for now — to Amazon.com’s proposal to bring 5,000 jobs to the state in exchange for a temporary break on collecting sales tax. … Continue reading

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Sacrifice is for the little people

You almost have to admire the gall. Milton Rister, director of administration in Gov. Rick Perry’s office, just asked Senate budget writers for a net increase of $81.5 million in state funds for the next two years. If I took … Continue reading

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The state of the state

Is strong, according to Rick Perry. So strong, in fact, that we’re going to kick the legs out of social services, because clearly we don’t need them. When the state faced a budget crisis in 2003, Gov. Rick Perry’s office … Continue reading

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More Enterprise Fund failures

There sure are a lot of them. Gov. Rick Perry’s office has rewritten three more contracts for companies that are struggling to create the promised number of jobs after getting millions of taxpayer dollars from the Texas Enterprise Fund. The … Continue reading

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The unemployment tax and the Enterprise Fund

We know that unemployment insurance taxes have gone up, and we know that the increase is more than it would have been had Governor Perry not rejected $555 million in stimulus funds for unemployment insurance. But there’s another way in … Continue reading

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The recession and the Texas Enterprise Fund

A report worth reading from Texans for Public Justice: The global recession that hit Texas in 2008 is playing havoc with Governor Perry’s signature business-incentive program: the Texas Enterprise Fund (TEF). A review of 45 TEF projects that received $363 … Continue reading

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White gets down to the business of being a candidate

Bill White spent his first full day as a former Mayor in the Rio Grande Valley. It was a productive trip for him. Power brokers in one of the state’s most Democratic regions Tuesday pledged to throw their weight behind … Continue reading

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A&M and the Emerging Technology fund

Loren Steffy tells us about politics infecting research at Texas A&M. And Rick Perry is involved. Shocking, I know. In January, the state awarded A&M $50 million from the Emerging Technology Fund, which purports to benefit private-sector technology startups, for … Continue reading

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Perry’s salvage job

How can you tell that sine die is approaching? Governor Perry starts getting involved in the legislative process. Perhaps state lawmakers are fatigued by Gov. Rick Perry’s long tenure or maybe they’re just balking at his leadership, but the Republican-led … Continue reading Continue reading

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Budget yes, UI not yet

The conference committee on the budget finished its work yesterday. While final details are still emerging, the 10 conferees worked out a last minute plan for spending $700 million of federal stimulus money for state fiscal stabilization. They hope that … Continue reading

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Ogden stem cell rider removed from budget

Good. Sen. Steve Ogden just announced that his rider banning use of state funds for embryonic stem cell research will not appear in the new state budget. “We really couldn’t come to a consensus” so the bill will be silent … Continue reading

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Whatever Ricky wants

It’s too early to say how much of Rick Perry’s self-proclaimed agenda will get enacted this session, as much of it hinges on the budget reconciliation process as well as on legislation that hasn’t been taken up by one chamber … Continue reading Continue reading

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Get ready for the next school funding lawsuit

The handwriting is on the wall. Property tax cuts and a stingy state budget have left many Texas school districts saying they are short-changing children and warning of another lawsuit attempt to force reforms. Texas lawmakers plan to increase school … Continue reading

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Perry’s ongoing war on the unemployed

You have to say this about Governor Perry: He never goes off message, no matter how ridiculous that message may be. Gov. Rick Perry on Wednesday re-stated his opposition to legislation that would allow the state to accept federal stimulus … Continue reading

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Another chance to slap the Governor

The Lege has had a few opportunities to express its opinion about Governor Perry and his “leadership” this session. Passing the unemployment insurance bill, inserting the budget amendment that would strip funding from the Texas Enterprise Fund in the event … Continue reading

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Senate passes SB1569, but may not be able to override a veto

The Senate passed SB1569, the bill that accepts stimulus funding for unemployment insurance, by a 19-11 vote today. As Elise noted on Twitter, two Senators flipped to No for final passage; one other Senator was either absent or did not … Continue reading

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House passes budget, slaps Perry

State Rep. Chris Turner, on Twitter: At 3:56 am, the House unanimously passed the budget. Believe it or not, that was earlier than was originally anticipated. The pregame chatter was that the House would have to reconvene today to finish … Continue reading

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Stem cells and the budget battle

Other than voter ID, we really haven’t had a big fight in the Lege this session. Burka thinks Sen. Steve Ogden’s scurrilous stem cell rider could be the next big brawl. The Ogden rider is not in the House bill, … Continue reading

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Senate panel approves budget

As you know, the Lege has one task they absolutely must do every biennium, and that’s pass a budget. The Senate Finance Committee has taken its first step towards doing that. A two-year state budget that accepts federal stimulus money … Continue reading

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So about all those stimulus funds

Remember how Governor Perry had argued against states receiving federal stimulus dollars? Well, he still doesn’t want them, though he’s giving himself some waffle room. Gov. Rick Perry said Tuesday he’s not sure the state should accept all of its … Continue reading

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