- The BG Reads
- Posts
- BG Reads 9.6.2023
BG Reads 9.6.2023
BG Reads | News - September 6, 2023 🗞️
September 6, 2023
In today's BG Reads:
💲 Austin may warm back up to incentives for big companies
⚖️ Paxton loyalists, but few others, turn out for impeachment trial opening
🏛 US military leaders say Sen. Tuberville (R-AL) is aiding US adversaries with hold on military nominations
🎙️ BG Podcast Ep. 214: We focus on developments with the so-called "Death Star" bill, House Bill 2127, preemption legislation passed in the recent Texas legislative session.t (Also available on Apple Podcasts and Spotify)
And more. Read on!
[BINGHAM GROUP NEWS]
Chris Stewart, a former city of Austin Chief Information Officer (2020 - 2023), joins Bingham Group as a consultant.
Bingham Group consultants are contract specialists providing strategic advice to firm clients across business, community, and policy matters in the Austin Metro and Texas.
Areas of expertise include: Economic Development/Incentives, Municipal Policy & Appropriations, Procurement, and Research & Analysis.
[AUSTIN METRO NEWS]
Austin may warm back up to incentives for big companies (Austin Business Journal)
NXP Semiconductors NV and the city of Austin are expected to begin negotiations for an economic development agreement in the coming weeks, marking a change of pace for the municipality that has turned its focus away from incentivizing major companies in recent years.
Austin City Council authorized the start of the negotiation process with NXP USA Inc., a subsidiary of the Dutch semiconductor manufacturer, during its Aug. 31 meeting, kickstarting the potential for a deal that could bring more jobs and billions of dollars in capital investment to the city.
NXP's interest in city incentives follows its unsuccessful attempt to gain a $140 million, 10-year tax break from the Austin Independent School District last year as the company sought to invest up to $2.7 billion and add more than 300 jobs to its existing facilities in Austin.
The potential economic development agreement would be under the Chapter 380 program, which typically takes the form of property tax exemptions or cash grants based on criteria such as the number of jobs created, paying livable wages or capital investment.
“NXP is exploring state and local incentives in Texas, including whether the City of Austin would be supportive of entering a ‘Chapter 380’ agreement with NXP that will help enable future investments to modernize and create new capacity in its Austin manufacturing sites,” stated Paige Iven, a Texas-based spokesperson for the company.
Iven said the incentives are necessary to leverage support for the bipartisan CHIPS for America Act, which was signed into law in August 2022 and authorized $280 billion in tax credits, research and development, loans and related programs to bolster the creation of chips stateside… (LINK TO FULL STORY)
And in other Austin Metro News:
➡️ Austin grapples with arrival of autonomous vehicles (Austin Monitor) -> LINK TO FULL STORY
See also, Transportation and Public Works Dept.’s memo: Autonomous Vehicles (AVs) on City Roadways (9.1.2023)
➡️ Austin ISD to begin process of ‘leveling’; what it means (KXAN) -> LINK TO FULL STORY
➡️ Council delays decision on new hotel tax that could fund homelessness services (Austin Monitor) -> LINK TO FULL STORY
[TEXAS NEWS]
Paxton loyalists, but few others, turn out for impeachment trial opening (Texas Tribune)
The first impeachment of a Texas public official in nearly 50 years drew Paxton loyalists and state government enthusiasts to the Capitol to watch the trial of the attorney general unfold on Tuesday.
Compared to Ken Paxton’s Impeachment in the House in May, the first day of the Senate trial drew a smaller crowd — a majority of which included supporters of the now suspended attorney general to show solidarity at the Capitol.
Paxton’s defense has cast the House impeachment as an effort to overturn the will of Texas voters, but Tuesday’s less-than-packed gallery did not reflect an outpouring of support from everyday conservatives. Instead, it was some of Paxton’s most ardent and high-profile followers who watched the opening statements of the impeachment trial in the public viewing area… (LINK TO FULL STORY)
OTHER TEXAS NEWS:
➡️ Texas Senate rejects all motions to dismiss Ken Paxton impeachment charges (Texas Tribune) -> LINK TO FULL STORY
➡️ Attention returns to Sen. John Cornyn’s future after GOP Leader Mitch McConnell’s latest health scare (Texas Public Radio) -> LINK TO FULL STORY
[NATIONAL NEWS]
Three service secretaries to Tuberville: Stop this dangerous hold on senior officers (The Washington Post Op-Ed)
Carlos Del Toro is secretary of the Navy. Frank Kendall is secretary of the Air Force. Christine Wormuth is secretary of the Army.
As the civilian leaders of the Navy, Marine Corps, Air Force, Space Force and Army, we are proud to work alongside exceptional military leaders who are skilled, motivated and empowered to protect our national security.
These officers and the millions of service members they lead are the foundation of America’s enduring military advantage.
Yet this foundation is being actively eroded by the actions of a single U.S. senator, Tommy Tuberville (R-Ala.), who is blocking the confirmation of our most senior military officers.
Three of our five military branches — the Army, Navy and Marine Corps — have no Senate-confirmed service chief in place. Instead, these jobs — and dozens of others across the force — are being performed by acting officials without the full range of legal authorities necessary to make the decisions that will sustain the United States’ military edge.
Across the services, many generals and admirals are being forced to perform two roles simultaneously. The strain of this double duty places a real and unfair burden on these officers, the organizations they lead and their families.
The generals and admirals who will be leading our forces a decade from now are colonels and captains today.
They are watching this spectacle and might conclude that their service at the highest ranks of our military is no longer valued by members of Congress or, by extension, the American public… (LINK TO FULL STORY)
OTHER NEWS:
➡️ Musk blames Anti-Defamation League for X’s US ad sales slump (Bloomberg)-> LINK TO FULL STORY
➡️ Ex-Proud Boys leader Enrique Tarrio sentenced to 22 years for Jan. 6 riot role (NPR) -> LINK TO FULL STORY
www.binghamgp.com
SHARE FEEDBACK HERE
⬇️
Copyright (C) " target="_blank">unsubscribe
