News Archives - Page 47 of 47 - Government Market News

Federal Highway Administration allocates $7.9 billion to states

The Federal Highway Administration (FHWA) has allocated $7.9 billion to states to support highway and bridge projects as part of its annual August redistribution.

Government Market News Staff

Texas AG Paxton acquitted on all impeachment articles

The Texas Senate on Saturday acquitted Attorney General Ken Paxton of 16 articles of impeachment. The two-week trial focused on his business dealings with Austin real estate developer Nate Paul, who was indicted in June on federal charges of making false statements to banks.

Government Market News Staff

Texas investment incentives continue with new eligibility requirements

Texas House Bill 1515, which has been signed by Governor Greg Abbott, extended the business development incentives in the Texas Economic Development Act—also called Chapter 313—while adding new requirements for eligibility and an adjusted application process. Chapter 313 expired and was replaced

Government Market News Staff

City of Houston approves clear guidelines for reinvestment zones

The Houston City Council recently passed new guidelines for Tax Increment Reinvestment Zones (TIRZ) creation, termination, and timelines. The new guidelines include several boundaries: The city will evaluate the performance of these zones. The new policy was delayed several times to give

Government Market News Staff

Record heat causes problems for Texas water systems

The Dallas/Fort Worth area has seen 53 days of temperatures over 100 degrees so far in 2023. In Waco, that number is 65. Texas’ prolonged heat wave, coupled with below-average rainfall statewide, has created conditions that are just right for water line

Government Market News Staff

WA Ecology allocates $63 million for flood, habitat, and farmland mitigation

Washington – The State Department of Ecology will award $63 million in grants to a dozen entities, including tribes, counties and conservation groups, to improve floodplain management within the state’s major river basins. “We are working with partners across the state to improve

Government Market News Staff

Almost 40% of U.S. bridges need repairs or replacement, report shows

More than 222,000 bridges in the U.S. – about 36 percent – need major repair, including 76,000 that should be replaced, according to an analysis of the U.S. Department of Transportation (USDoT) 2023 National Bridge Inventory (NBI) database. Nearly 42,400 of the bridges

Government Market News Staff

Fort Worth Economic Development Partnership announces inaugural board

Recently, the Fort Worth executive board introduced a new, privately funded nonprofit, the Fort Worth Economic Development Partnership (FWEDP), as a partnership to boost economic growth in the city. A board of 11 executives will lead the nonprofit, each bringing experience from

Government Market News Staff

New space institute planned next to NASA

The Texas A&M University Board of Regents has dedicated $200 million toward constructing a space institute on 32 acres next to the National Aeronautics and Space Administration (NASA) Johnson Space Center in Houston. The Texas A&M Space Institute will support applied research,

Government Market News Staff

City of Austin approves $5.5B budget

The city of Austin approved a $5.5 billion budget that will include city services and capital projects. The total amount includes $1.4 billion for city operations and services along with a capital budget of $1.6 billion. Capital projects will include a significant

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News - Page 47