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Home    Education    Legislative    Publications    Calendar    Sunbelt Builders Show    Resources June. 23, 2011

Senate votes to create redistricting commission
Austin American-Statesman Postcards Blog    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Texas Senate has approved Senate Bill 22, which would create a citizens' commission to redraw congressional districts. Congressional redistricting is a highly political task now handled by the Legislature. Senate Bill 22, authored by Sen. Jeff Wentworth, R-San Antonio, would hand the task to an eight-member commission consisting of four Republicans and four Democrats appointed by the House and Senate. The commission would appoint a ninth, nonvoting member to preside. More

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Perry threatens another special session if TWIA not resolved
Austin American-Statesman First Reading Blog    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Senate passed its bill reforming the Texas Windstorm Insurance Association, but it remains far apart from the House. And Gov. Rick Perry said exactly what everyone wanted to hear after the Senate passed its bill. Perry said, "There is still work to be done on this issue, and we must pass legislation to adequately compensate TWIA policy holders without enriching trial lawyers or further undermining TWIA's financial stability." More

Home sales at 6-month low, showing weakness even in 'peak' season
The Christian Science Monitor    Share    Share on FacebookTwitterShare on LinkedinE-mail article
U.S. home sales declined in May to their lowest level in six months, as high gasoline prices and a tepid job market weighed on U.S. consumers. The housing market continues to struggle against several headwinds: a glut of homes for sale, a cool economy, and relatively tight credit conditions. Sales of previously owned homes fell to an annual pace of 4.8 million for the month, down from a revised April figure of 5 million units, the National Association of Realtors said. More

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Manufacturing, construction reflect US economic extremes
Phc News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
"It was the best of times - it was the worst of times." This opening line from Charles Dickens' A Tale of Two Cities is particularly apropos when summarizing the outlook of America's overall production economy. Manufacturing and construction form the extreme bookends of today's U.S. economic scenario. More

Federal government to release 30 million barrels of oil
from emergency stockpile

FuelFix    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Obama administration plans to release 30 million barrels of crude from its emergency oil stockpile as part of an international effort to put more oil in the market. The move comes as political pressure mounts on President Barack Obama to do something to arrest rising gasoline prices fed by unrest in Libya and throughout the Middle East. Western nations also have been frustrated by OPEC countries' failure to raise production after a meeting earlier this month. More

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Texas wins in US economy shift
USA Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Texas became the USA's second-largest economy during the past decade — displacing New York and perhaps heading one day toward challenging California — in one of the biggest economic shifts in the past half-century. The dramatic realignment of the nation's economy was illustrated by North Carolina, Virginia and Georgia all overtaking one-time industrial powerhouse Michigan in economic size from 2000 to 2010. The economic winners of the last decade are states that focus on raw materials, government and senior citizens. The big losers are places that make things — industrial states and even California. More

Texas comptroller sued over Formula One deal
Austin Business Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A lawsuit alleging the illegal expenditure of public funds to promoters of the Formula One racing series has been filed against Texas Comptroller Susan Combs. The lawsuit claims that the comptroller has not met the prescribed conditions for the proposed expenditure of $25 million in public funds annually from the state’s Major Events Trust Fund. More

Lawmakers: Get lobbyists out of Windstorm fight
Texas Tribune    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Lawmakers writing one of the most contentious bills of the legislative session say special interests need to butt out of the battle over the Texas Windstorm Insurance Association. "We have got to have an agreement to get the outside lobby groups out of this," said state Rep. John Smithee, R-Amarillo, chairman of the House Insurance Committee. "They've been much too involved." More
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