Thread by @dlavine

A #Chapter313 renewal would require major revisions: The contracts should be negotiated and governed by economic development experts. Mandate more independent auditing for compliance.... expressnews.com/opinion/commen… #txlege #txed 1/6

Only approve the select few #Chapter313 agreements that truly require the tax abatement to lure them to Texas. Eliminate job-creation waivers... #txlege #txed 2/6

All #Chapter313 money must be accounted for in school funding formulas to create the most level playing field for all schools across the state... #txlege #txed 3/6

Texas has the third-highest single-family home property tax rate in the nation, partly because the state is subsidizing corporations’ property taxes through #Chapter313 deals... #txlege #txed 4/6

As Gov. Greg Abbott vetoed legislation to expand #Chapter313 in 2015, he said, “While the program may sometimes have a positive impact on local economic development, serious concerns exist about its oversight, its transparency and its value to the taxpayers.” #txlege #txed 5/6

In sum, the Texas Legislature must make these deals a win-win for Texans. Otherwise, let’s put #Chapter313 out to pasture.

expressnews.com/opinion/commen… #txlege #txed 6/6