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Texas Cities and the Economic Development Sales Tax

Description: Competition to lure corporations has become an enormous issue between states. Smaller communities feel unable to participate in economic development opportunities since their budgets do not provide the necessary funding. In 1979, the Texas state legislature passed the Development Corporation Act in an attempt to aid the smaller communities' quest for economic development. The Act allowed for the creation of local development corporations; however, it did not provide a sufficient funding source … more
Date: December 2003
Creator: Comer-HaGans, DeLawnia
open access

Plan Types and Their Effect on Retirement Patterns

Description: In 1993, 38.9 million people were covered by a 401(k) plan, up from 7.1 million in 1983. The rapid growth of 401(k) and other defined contribution pension plans may alter retirement patterns of older workers. Previous research showed that the spread of defined benefit plans, with sharp age-related incentives first discouraging and later encouraging retirement, contributed to the early retirement trend of past decades. Defined contribution plans differ along several dimensions, especially in the… more
Date: August 2003
Creator: Marrone, Mickey M.
open access

The Restructuring of the Electric Power Industry in California and in Texas: An Examination and Comparison of Deregulation as Legislated

Description: California legislated the restructuring of its electric power industry in 1996. Deregulation was successful until 2000 when crisis, caused by a number of outside forces and flawed legislation, sent wholesale electric prices skyrocketing. Restructuring of the electricity sector in Texas occurred in two phases. The first phase began in 1995, when wholesale markets were opened to competition; the second phase began June 18, 1997, when the 1999 Texas Electric Choice Act, was signed into law. Deregu… more
Date: August 2003
Creator: Lewis, Rebecca Joy
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