When organizers set out to overturn Texas’s giveaway program for the oil and gas industry, they had a long game in mind. Over 20 years, the tax exemption program known as Chapter 313 had delivered $10 billion in tax cuts to corporations operating in Texas — with petrochemical firms being the biggest winners. This year, for the first time in a decade, the program was up for reauthorization. [Texas IAF] organizers decided to challenge it for the first time....
At 4 a.m. last Thursday, it became clear that something unexpected was happening: The deadline for reauthorization passed. “The bill never came up,” Greco told The Intercept. Organizers stayed vigilant until the legislative session officially closed on Monday at midnight, but the reauthorization did not materialize....
In 19 months, Texas’s subsidy program will expire, but that doesn’t mean the fight is over.
“We know there’s going to be a big conversation over the interim — we are under no illusions that this is not going to be a long-term battle.”
Organizers, though, recognize that the subsidy’s defeat marks a shift: “The table has been reset.”
In Blow to Big Oil, Corporate Subsidy Quietly Dies in Texas, The Intercept [pdf]
How Skeptical Texas Lawmakers Put an End to a Controversial Tax Incentive Program, Houston Chronicle [pdf]
Texas Legislature Dooms Chapter 331, Which Gives Tax Breaks to Big Businesses, Business Journal [pdf]
Missed Deadline Could Doom Controversial $10B Tax-Break Program, Houston Chronicle [pdf]
Losers and Winners from Chapter 313, Central Texas Interfaith
El Paso County commissioners on Monday approved contributing $275,000 to a partnership that will provide emergency financial assistance to El Pasoans, with a focus on helping people excluded from earlier pandemic stimulus funds.
The Woody and Gayle Hunt Family Foundation is offering a five-year, $500,000 match for the program, and unnamed national funders are contributing $150,000, organizers said. Other key partners are El Paso Interreligious Sponsoring Organization (EPISO)/Border Interfaith and the Family Independence Initiative.
At least 1,000 El Paso County families this year will benefit from cash grants of up to $500, which they can use to cover any expense or financial obligation. The partnership especially wants to reach undocumented and mixed immigration status households that were barred from receiving $1,200 stimulus checks and other COVID-19 relief help approved by Congress.
“They were already in the shadows and now even more in the sense that their poverty became even bigger poverty in the sense of things were not moving,” said Rev. Pablo Matta, a Catholic priest and a leader with EPISO/Border Interfaith, which will assist FII in reaching families in need of assistance. “They work so hard and they’re a big part of the economy of El Paso and all throughout the U.S., but never very much taken into account at all.”
Woody Hunt, the El Paso businessman who chairs his family’s philanthropic foundation, said the $500,000 donation builds off of efforts in the spring to shore up the El Pasoans Fighting Hunger food bank in the early stages of the pandemic.
“And during that time period, I had some discussions with EPISO, which I’ve kind of met with regularly over a very long period of time, and I know they had concerns about those within the community that were at the very bottom end that in some cases didn’t qualify for some of the federal programs that were coming out,” Hunt said.
“FII has a platform, they’ve been doing it for 20 years, they’ve got the technology to do it. They need local partners like an EPISO who can really identify either directly or through the Catholic Church that they work with, those that really have the greatest need,” Hunt said.
Many low-income families in El Paso face cumbersome application processes and a lack of access to computers and other technology to apply for assistance, said Dolores De Avila, a longtime leader with EPISO.
[Photo Credit: Robert Moore/El Paso Matters]
Low-Income El Pasoans Can Get Emergency Financial Help From New Partnership, El Paso Matters [pdf]