Texas Comptroller Glenn Hegar singled out financial firms under a 2021 state law that prohibits most state entities from contracting with companies that have reduced or cut investments in the oil and gas industry.
Glenn Hegar
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Politics
Texas officials accuse Harris County of slashing constables’ budgets — but they’re actually going up
Comptroller Glenn Hegar said the state could block the approval of Harris County’s budget because it’s not allowing constables to roll $3 million in unspent funds into next year’s budget — even though the constables’ total funding will go up next year.
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Health care
Texas Gov. Greg Abbott joins other key Republicans in supporting repealing the “tampon tax”
Advocates have previously called for repealing the sales tax on products like tampons, sanitary pads and pantyliners. Menstrual products are already tax-free in 24 states.
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TribCast
TribCast: Are there signs of life for Beto O’Rourke’s campaign?
In this week’s episode, Matthew speaks with Mitchell and Patrick about the power grid, the race for governor and the extra money the Texas Legislature will have on hand to spend next year.
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Economy
Inflation, high energy prices mean the Texas Legislature will have unprecedented funds to allocate next year
The state will have an extra $27 billion in its coffers in 2023 — money that could help pay for property tax cuts and other legislative priorities.
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Texas Legislature 2021
Watch Comptroller Glenn Hegar discuss the state’s economy and more at The Texas Tribune Festival
Hegar also talked about how to keep Texas business-friendly and what another wave of COVID-19 could mean for the state budget.
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Texas Legislature 2021
Texas’ pandemic budget shortfall disappears, as latest forecast shows a surplus
The latest revenue estimate doesn’t take into account all of the federal relief that has been sent to Texas over the past year by Congress through pandemic relief packages. State lawmakers have wrestled with how and who has the authority to spend that money.
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Winter Storm 2021
Analysis: Dan Patrick’s interrogation about a freeze warms speculation about 2022
An unusual appearance by the lieutenant governor at a Senate hearing looked like a tough session for one of Gov. Greg Abbott’s appointees — and raised speculation about political tension between the state’s top two elected officials.
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Texas Legislature 2021
Analysis: The odds for legal pot and casinos in Texas just got worse
One argument for legalizing casino gambling and marijuana sales in Texas is that they would produce tax revenue for the state during the recession started by the pandemic. But a new, optimistic economic forecast for the state takes some wind out of those sails.
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Texas Legislature 2021
Recession cuts how much lawmakers can spend with the next state budget, but decrease isn’t as bad as feared
Texas Comptroller Glenn Hegar estimated that lawmakers have $113 billion to spend when they write the next two-year budget.
