Carine Martinez is the Director of Research and Publications at the Texas Public Policy Foundation
HB 2404 would create a centralized database of local Chapter 380 and Chapter 381 economic development agreements, enabling an easier way to access active agreements. One example of a similar database is the one that already exists for Chapter 313 limitation on appraised value agreements, which is easily searchable and updated regularly on the Comptroller’s website. The current Chapter 313 database is often touted as a model for transparency. This kind of database, on top of providing detailed information about the agreements, allows for a quick and easy way to know how many of these agreements exist, where they are mostly used, and for which purposes.
Testimony Before the Texas Senate Natural Resources & Economic Development Committee