Output is expanding "but at a markedly slower pace," with "production and demand growth decelerating sharply from December." https://t.co/45L92oIPnl
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TAM Top 10 Policy Priorities
Bennett: “Texas must be competitive globally.”
The Texas Association of Manufacturers today released its “TAM Top Ten,” which details the Association’s policy priorities for the 87th Legislature in 2021.
“Competitiveness and job growth are at the core of our priorities for the 87th Legislature,” said Tony Bennett, president of the Texas Association of Manufacturers. “From economic development and critical infrastructure to workforce readiness and equity in tax policy, we are calling on lawmakers to advance Texas' global competitiveness.”
Bennett noted that Texas is the #1 state for exported manufactured goods and remains the #1 state to do business. “Smart public policy has been the key in keeping Texas on top,” he said.
TAM’s Top Ten policy priorities include:
Preserve Authority to Offer Limited, Temporary Property Tax Discounts
- Pandemic Liability Reform
- Equality in Business Taxation
- Business Personal Property Tax Reform
- Transportation & Critical Infrastructure
- Preserve ERCOT’s Competitive Wholesale Market
- Ensure Transparency and Oversight of Monopoly Utility Rates
- Career and Workforce Readiness
- TCEQ Regulations and Funding
- School and Workplace Health
For more information on each of the priorities above, please visit www.manufacturetexas.org/tam-top-10.
Commentary: Tesla deal generates tax dollars for Texas
By Tony Bennett and Dale Craymer
Limited and temporary property tax discounts, known as Chapter 313 agreements, allow Texas communities to attract major industrial projects, keep Texas competitive and grow jobs — and they do not cost taxpayers a dime. Regular critics of these discounts frequently mischaracterize the program by claiming companies receive taxpayer dollars to locate in Texas, which is not true. Read more.
As Texas and the United States move forward to recover from the devastating impact of the COVID-19 crisis, it is a reminder of how critical manufacturing is to our everyday lives. Check out our latest blog to see how manufacturers quickly adapted to retool operations to meet the demand for critical products needed to protect healthcare workers, first responders, patients and the public.