After 20 years, the state’s most lucrative corporate welfare program comes to an end.
Oil and gas, manufacturing, and other industries have been clear that Chapter 313 must continue, but in an unexpected twist, the program ran into heavy resistance this legislative session. AP Photo/Eric Gay
After 20 years, the state’s most lucrative corporate welfare program comes to an end.
Oil and gas, manufacturing, and other industries have been clear that Chapter 313 must continue, but in an unexpected twist, the program ran into heavy resistance this legislative session. AP Photo/Eric Gay
Justin Miller
Jun 9, 2021, 6:00 am CST
In 2001, state lawmakers and business leaders warned that the state’s high property tax rates were discouraging corporations from locating big projects in Texas. At the time,
Author Bio
Rekha Khandelwal, CFA, is a long-term investor with a special focus on energy stocks. Rekha holds a master s in finance and has worked as a financial consultant. When she isn t writing, she can be found traveling to a new city or country.
Energy stocks have risen significantly this year. The
S&P Energy Select Sector Index is up 36% so far in 2021. That, however, doesn t mean that the bargains in the sector have completely gone away. Three pipeline stocks
Enterprise Products Partners (NYSE:EPD), and
ONEOK (NYSE:OKE) look attractive despite their rise this year. Let s see what makes these stocks a buy right now.