Texas Enterprise Fund

Commentary: Transparency, economic development regulations are dying in Texas

2019-02-07T17:39:55-06:00

By Nathan M. Jensen and Calvin Thrall University of Texas Commentary in Austin American-Statesman Originally published Feb. 6, 2019 Amazon’s search for a second headquarters, the so called HQ2, should make Texans concerned about the lack of transparency of economic development. Many cities have not released their HQ2 bids to the public, even though the competition is now complete. In Texas, none of our cities including Austin, Dallas and Houston has released its bid. But this lack of transparency is not limited to the competition for Amazon. Economic development policy is largely shielded from the public by Texas public records laws. [...]

Commentary: Transparency, economic development regulations are dying in Texas2019-02-07T17:39:55-06:00

Abbott kept dealings of Texas Enterprise Fund under wraps

2014-09-29T15:54:53-05:00

By Wayne Slater The Dallas Morning News Originally published Sept. 28, 2014 AUSTIN — A decade ago, Attorney General Greg Abbott invoked a cloak of secrecy around the Texas Enterprise Fund. When The Dallas Morning News requested, under the Texas open-records law, a copy of the application of a company seeking taxpayer subsidies, Abbott said no. He ruled that the applications for money from the $500 million job-creation fund might contain confidential corporate information. The company was Vought Aircraft, which wanted a $35 million subsidy to expand in the Dallas area. But as it turns out, there was no application, a state audit [...]

Abbott kept dealings of Texas Enterprise Fund under wraps2014-09-29T15:54:53-05:00

Perry seeks to keep details of Toyota incentives secret

2014-06-03T22:00:13-05:00

By Forrest Wilder Texas Observer Originally published June 1, 2014 Rick Perry’s office refuses to release any information about the $40 million it’s offering Toyota to relocate to Texas, despite providing the Observer with similar information last year for a $12 million grant to Chevron. The Observer and the Houston Chronicle both filed open records requests with the governor’s office after Perry announced in April the $40 million incentive grant to Toyota from the Texas Enterprise Fund. The governor’s office promotes the Enterprise Fund as a “deal-closing” program that helps bring jobs to Texas. But in some cases evidence suggests that [...]

Perry seeks to keep details of Toyota incentives secret2014-06-03T22:00:13-05:00
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