Washington, D.C. — The American Economic Liberties Project today released the following statement in response to the Texas Comptroller abandoning a proposal to eliminate transparency rules for Chapter 313, one of Texas’ main corporate subsidy programs.

“Texas communities deserve transparency about corporate deals,” said Pat Garofalo, Director of State and Local Policy at the American Economic Liberties Project. “After calling on the Texas Comptroller in December 2021 to rescind the proposal and propose new rules to bring even greater transparency to Chapter 313, we are glad to see the Comptroller abandon this proposal. The proposed rule would have allowed elected officials to evade accountability and would have only benefitted the corporations receiving taxpayer funds and the officials who sign off on the deals — not Texas communities.”

Read Economic Liberties’ original comment to the Texas Comptroller here.

Learn more about Economic Liberties here.

###

The American Economic Liberties Project works to ensure America’s system of commerce is structured to advance, rather than undermine, economic liberty, fair commerce, and a secure, inclusive democracy. Economic Liberties believes true economic liberty means entrepreneurs and businesses large and small succeed on the merits of their ideas and hard work; commerce empowers consumers, workers, farmers, and engineers instead of subjecting them to discrimination and abuse from financiers and monopolists; foreign trade arrangements support domestic security and democracy; and wealth is broadly distributed to support equitable political power.