corporate welfare

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.