Huy Fong Foods founder David Tran took a self-styled “sriracha delegation” of Texas officials on a tour of his California hot sauce factory on Monday.
Economy
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Economy
“Sriracha Delegation” Heads to California
A bipartisan “sriracha delegation” of Texas lawmakers will head to California on Monday to tour the plant where Huy Fong Foods makes its famous spicy red sauce. They’re hoping to tempt the owners to move to Texas.
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Economy
Report: Texas Farm Production is Down, but Prices Are Up
The market value of agricultural products sold in Texas has increased in recent years, but production has declined steeply, according to the latest figures from the federal Census of Agriculture released Friday.
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Economy
Texas Touts Lighter Regulations in Wooing California Firms
Gov. Rick Perry often touts the state’s “smart regulations” to businesses from California. While entrepreneurs in Texas often find fewer regulatory obstacles, some argue the Texas approach has hidden costs that aren’t worth the sacrifice.
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Economy
Analysis: For Budget Writers, Tax Cuts Are Spending Decisions
Lawmakers have a hard job when money is tight and they’re writing state budgets. It’s even harder when they have all the money they need.
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Economy
Texas Banking Chief Issues Rules for Bitcoin
A new memo from the Texas Department of Banking says that the state will not treat Bitcoin as money but that some companies dealing in Bitcoin transactions will fall under the state’s banking regulations.
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Economy
China’s Embrace of Tequila Affects Texas, Mexican Markets
International negotiations that have lifted a longtime ban on tequila in China will have big implications for Mexico — and are likely to benefit fledgling producers and distributors in Texas, too.
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Economy
Property Tax Lending Under Review Again
Facing an interim charge to review a bill regulating property tax loans in Texas, lawmakers are taking a closer look at the controversial industry.
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Economy
Report: Texas Ranks Among Leaders in Spending Transparency
Texas ranks highly when it comes to letting taxpayers know how state government spends its money, according to a new report from the U.S. Public Interest Research Group.
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Economy
Tax Relief or Targeted Spending Hikes? Surplus Projections Fuel Debate
With expectations that state lawmakers will have a budget surplus of several billion dollars, lawmakers, activists and business groups are already discussing what to do with the money.