Texas Comptroller Releases Local Government Agreements Database | KAMR
AUSTIN, Texas (KAMR/KCIT) – Texas Comptroller Glenn Hegar announced Wednesday that a searchable database for local economic agreements has been posted for the public.
According to the comptroller’s office, the database was created to increase transparency and will serve as Texas’ “central repository” for these local agreements. Additionally, local entities will provide a direct link on their websites to the location of the agreements in the database.
“This new tool continues my agency’s commitment to giving taxpayers a friendly view of how the government treats their hard-earned money,” Hegar said.
However, the comptroller’s office noted that it is not responsible for approving agreements.
The database allows searches for agreements by local government, business entity and type of agreement for those authorized by Chapter 380 or 381 of the Local Government Code. Chapters authorize municipalities and counties to provide incentives to promote economic development, such as commercial and retail projects.
In Amarillo, as shown in the database, these agreements include those related to projects such as the historic St. Anthony’s Hospital seniors’ residence project and inbound facilities for Producer Owned Beef.
According to the monitor’s website, the database was created following the passage of Bill 2404, which also requires local governments to provide agreements and related information to the agency within 14 days of the conclusion, modification or renewal of an agreement. Local governments that fail to comply with the requirement may be subject to a civil penalty of $1,000.
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