local business

Ryan E. Poppe

State lawmakers will hear testimony Wednesday on a controversial bill aimed at limiting the type of ordinances and rules that city councils can pass. Opponents argue that the bill calls “what constitutes local control and limited government” into question.

McClatchy Newspapers

Construction firms in Texas are dodging taxes, shifting them to employees and shorting the government out of $1.2 billion, according to a new investigative report called Contract to Cheat conducted by the Ft. Worth Star-Telegram and McClatchey newspapers.

More than 37% of Texas' 800,000 construction workers are being misclassified as independent contractors instead of employees, says an investigative report.

Paul Flahive, Texas Public Radio

Today the city of San Antonio takes two payday lenders to court for violating the ordinance it passed two years ago to regulate the industry " in an effort to reduce against abusive and predatory lending practices."

The ordinance includes limiting the percentage rate of the loan to the income of the lendee, limiting the number of rollovers a person can take and requiring the contract be written in a language the borrower can understand, among other things. 

A state legislator that has joined Texas Gov. Rick Perry during his Asian Economic Development Trip said investors from China and Japan are poised to provide the private funds needed to grow the state’s economy and fulfill some of its infrastructure needs.

State Rep. Jason Villalba, R-Dallas, said Perry asked him to join him in Beijing to meet with hundreds of Chinese investors that are interested in growing the Texas economy by either providing capital for existing projects or bringing business to the state.

Texas Film Commission

Yesterday a House select committee discussed the benefits to providing film companies incentives to operate in within the state.

The committee was designed to go through each of the state’s economic incentive programs with a fine-tooth comb to determine if the state is benefiting from these corporate relationships. That list included the Texas Moving Image Industry Incentive Program, which is managed by Heather Page, the director of the Texas Film Commission, a division of the governor’s office.

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