As Texas develops the nation’s first state-run bullion depository, supporters predict the state could become a national destination for investors in gold, silver and other precious metals.
Glenn Hegar
Posted inState Government
The Brief: June 10, 2015
A federal appeals court upheld a key segment of the 2013 Texas law adding requirements on abortion facilities in the state.
Posted inState Government
The Brief: May 13, 2015
The House’s tax writing committee on Tuesday took up the Senate’s proposal to cut property taxes by raising homeowners’ residential homestead exemption. But what transpired on Tuesday was far from a kumbaya moment.
Posted in
Economy
Rainy Day Fund Could Be Invested More Aggressively
The Texas Senate on Tuesday passed a measure granting Texas Comptroller Glenn Hegar more flexibility to invest a portion of the $8 billion in the state’s Rainy Day Fund, sending the bill to the governor’s desk.
Posted inState Government
The Brief: May 7, 2015
The Legislature’s two chambers are still not on the same page when it comes to figuring out how to extend tax relief. The prognosis on whether they find room to compromise varies as well.
Posted in
State Government
Court Ruling Could Undermine Major Taxes
A tax case started by a chain of movie theaters could cut billions from the state’s franchise tax, and could affect the sales tax, too, state Comptroller Glenn Hegar said Wednesday. The 3rd Court of Appeals ruled against the state late last week.
Posted inState Government
The Brief: March 10, 2015
Legislation intended to stop some government officials from collecting retirement benefits before leaving office appears to have a better prognosis the second time around.
Posted in
Health care
The Brief: March 2, 2015
The Tribune’s Jay Root and Neena Satija filed a story over the weekend on the problem of deferred maintenance at state government buildings in multiple agencies. It makes for some grim reading.
Posted inState Government
Hegar Suggests Shift in Rainy Day Fund Strategy
Comptroller Glenn Hegar is urging lawmakers to consider allowing his office to invest a portion of the Rainy Day Fund more aggressively, arguing that a greater return is worth the greater risk with the savings account.
Posted in
Energy
The Brief: Feb. 13, 2015
The Kroll report, which looked into the admissions process at UT-Austin and whether some well-connected people had too much influence on that process, surfaced on Thursday.