Today’s EPA is expanding its regulation of economic activity at all levels and supplanting long-held state authorities with breathtaking speed. Texas is setting a roadmap for how other state can combat the federal EPA to preserve state sovereignty and economic growth, as Kathleen White and Mario Loyola explain in the lead story in the new issue of Inside Alec.
Growing Pains: The Cost and Contribution of Impact Fees in Texas
Texas’s rapidly growing population requires new infrastructure and improvements, which oftentimes come at great expense. To fund these projects, local officials often impose impact fees on new development—but their use comes at a cost. Key points: Texas is the fastest-growing state in the nation. As such, it has robust infrastructure requirements. To help finance capital...