Texas IAF Rally Takes On "Vampire" Chapter 313 Legislation
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A surprising legislative success in 2021 is on track to be undone in 2023, unless a grass roots left-right coalition can block legislation and the forces behind it that are trying to go backward....
In the name of jobs and economic development, a 2012 tax code trick called Chapter 313 essentially funneled state money, via school district property tax breaks, to private companies doing new industrial construction. The school districts that granted tax breaks under Chapter 313 were reimbursed — and many still are being reimbursed — by the state, meaning we as taxpayers reimbursed them. It was the ultimate insider game of channeling public benefit to private companies.
The [Texas] Industrial Areas Foundation cleverly brought a man dressed as Dracula to its rally to dramatize how Chapter 313 unfairly drained school districts of funds and that reviving this bad economic development deal would be akin to raising the undead.
Read moreTexas Bishops: 'Electrical Grid Failure in Texas Was No Accident'
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While we desperately need immediate relief, we must also seek long-term systemic change.
As faith leaders, we have a responsibility to cry out for the vulnerable and seek the common good, and this means the reform of a utility system that has served as a means for profit, putting profit before people.
Last week, The Network of Texas Industrial Areas Foundation Organizations with interfaith leaders from across the state held a press conference, urging the governor and legislature to take responsibility and put people before profits. It is time to direct recovery resources and restructure utility oversight to protect all, especially the poorer residents already on the edge because of the pandemic.
Bishops in Texas: Electrical Grid Failure was Preventable. Without Accountability, It Will Happen Again, America Magazine [pdf]
'They Were Not Prepared': After Winter Crisis, Texas Will Have to Confront its Energy, Politics and Culture, Dallas Morning News [pdf]