The proposal would be paid for, in part, by raising the corporate tax rate and global minimum tax. It calls for improving roads, increasing public transit spending and preparing for hurricanes, among other things.
Economy
Get the latest on jobs, business, growth, and policy shaping the state’s economy with in-depth reporting from The Texas Tribune.
Posted in
Texas Legislature 2021
Texas lawmakers want to prevent another power crisis. But the legislation doesn’t go far enough to do that, critics say.
Some say lawmakers should go further to ensure power plants can withstand increased weather due to climate change. And they worry that much of the legislation advancing will be up to the Public Utility Commission to enforce.
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Texas Legislature 2021
Sweeping legislation to overhaul state’s electricity market in response to winter storm heads to Texas House after Senate’s unanimous approval
Senate Bill 3 would require all power generators, transmission lines, natural gas facilities and pipelines to make upgrades for extreme weather. Its prospects are uncertain in the House, which is scheduled to take up a series of related, standalone bills on Tuesday.
Posted in
Coronavirus in Texas
Experts hopeful about state’s economic recovery, but jobless Texans still face problems filing for benefits
Some businesses are already seeing customers return. But the numbers of people seeking unemployment aid surged in recent weeks to levels not seen since July. Many of them still face problems getting through to the Texas Workforce Commission.
Posted in
Coronavirus in Texas
When Texas ended its mask mandate, the event cancellations started — and the losses are adding up
At least four conferences were canceled in Austin because of the lack of a statewide mask mandate. The cancellations have caused the Hilton Austin hotel to lose out on $350,000 of revenue, according to Austin Convention Enterprises.
Posted in
Winter Storm 2021
Analysis: Warren Buffett’s power play puts a price on electric reliability in Texas
Buffett’s Berkshire Hathaway Energy wants to build 10 electric plants in Texas, for use when demand peaks or other plants falter. And it’s the first time a price tag has been attached to a remedy since last month’s deadly storm.
Posted in
Winter Storm 2021
U.S. House committee holds hearing on Texas’ massive power outages during deadly winter storm
At least 57 people died during the winter storm that plunged much of Texas into subfreezing temperatures and caused widespread power outages for days.
Posted in
Economy
Texas’ last Public Utility Commission member resigns at Gov. Greg Abbott’s request
Arthur D’Andrea was the only remaining member of the three-seat commission that regulates the state’s electric, telecommunication, water and sewer utilities.
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Criminal Justice
The rioter next door: How the Dallas suburbs spawned domestic extremists
North Texas remains a focus of the investigation into the Capitol insurrection after 19 local residents have been charged in connection with the Jan. 6 attack, according to federal authorities. That’s one of the largest numbers in any place in the country.
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Texas Legislature 2021
Analysis: When elected problem-solvers become part of the problem
Fixing immigration and ending hate crimes was hard enough without elected policymakers in Austin and Washington D.C., stoking nativist and racial fears.