Posts Tagged Texas

Feb
8
2022

The Treasury’s Final Rule on Economic Development is Only a Win if it’s Enforced

The U.S. Treasury recently issued its final rule on the eligible uses of the American Rescue Plan Act’s (ARPA) Coronavirus State and Local Fiscal Recovery Fund (CSLFRF). The guidelines also clarify what funds may not be used for. Notably, the Treasury said they can’t be used for general economic development purposes.

Dec
17
2021

Texas, don't mess with transparency

One of the nation’s biggest corporate welfare programs – known as Chapter 313 for its place in the Texas tax code – is finally on its way to out. As of Dec. 31, 2022, the state can approve no more new deals. But now, Texas Comptroller Glenn Hegar is proposing to slash the amount of information his office publishes on the costs and benefits of the deals, which have largely benefited oil and gas companies.

Nov
8
2021

Some States Prove: American Rescue Plan Act (ARPA) Money Can Be Spent Well

Since stimulus funds started going out, Good Jobs First and other open government advocates have been pushing for greater transparency and accountability for how trillions in CARES Act and ARPA funds are being spent. Some states, we’ve noted, have made questionable if not outright poor choices.

Sep
9
2021

Rivian, Intel and Samsung: Secretive Auctions for Subsidy Megadeals

Right now, three tech companies—#1 and #2 microchip makers Intel and Samsung and electric-truck start-up Rivian—are staging secret subsidy auctions, playing states against each other for new facilities. 

Jan
14
2015

2014: A Landmark Year for Subsidy Accountability

Two-thousand fourteen was a banner year for our movement, hands down. The first move to require standardized subsidy-cost reporting! The first half of a legally-binding two-state cease fire deal! The first state ban on tax-break commissions! A big surge found in state disclosure of subsidies! Big improvements to our Subsidy Tracker, enabling first-ever mash-ups!