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Top tax break program at risk after failing to clear state Senate

Businesses unable to find workers urging Gov Abbott to stop extra unemployment aid

Texas Association of Business asks Gov Abbott to stop accepting, distributing weekly $300 in federal aid

Texas Association of Business asks Gov. Abbott to stop accepting, distributing weekly $300 in federal aid Employers believe that supplemental UI benefit payments from Washington is disincentivizing work and resulting in many good Texas jobs going unfilled. Author: Reagan Roy Updated: 12:02 PM CDT May 13, 2021 TYLER, Texas The Texas Association of Business, along with 37 business associations and chambers of commerce, sent a letter to Gov. Greg Abbott and the Chairman of the Texas Workforce Commission, Bryan Daniel, asking them to consider ending Texas’s participation in the supplemental federal UI payment which stacks on top of standard unemployment insurance. Employers are citing the $300 additional weekly federal stimulus payment as the biggest barrier to fill their job openings and some states have already announced they are ending participation in this program.

Lawmakers try new solution to minimize winter storm debt

Lawmakers try new solution to minimize winter storm debt Most agree that securitization is an effective proposal to fairly and quickly pay off storm debt. Not all agree how to do it, and what costs should be covered. Large electrical transmission lines cross through South Arlington, Texas, on Feb. 17, 2021. Rolling power outages disrupted service to customers following snow storms. (Tom Fox/The Dallas Morning News)(Tom Fox / Staff Photographer) AUSTIN One lingering question from February’s devastating winter storm is what, if anything, to do about the remaining debt of some electricity market participants caused by the soaring price of power during the crisis.

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