As the budget battles heat up in the legislature, Governor Abbott is asking that the Texas Enterprise Fund be renewed. Dr. Perryman hopes it is successful.
Legislative noise has been heard in Austin about eliminating the Texas Enterprise Fund, a key aspect of the state's economic development incentives. The Governor has asked that it be retained. Let me be very clear: scrapping this "deal closing" fund would be a major blow to the state's future competitiveness, with the potential for major fallout over time. It would be like killing the goose that has been laying golden eggs (the same is true for the incentives for film and television productions in Texas, but that is a topic for another time).