The Texas Legislature doesn’t send any state funds to the beleaguered Dallas or Houston pension systems. But legislators nonetheless find themselves mediating city-level disputesover a collection of bills aimed at shoring up at least $14 billion in the cities’ collective shortfalls.
Pension leaders and elected officials in Dallas and Houston had one job: Get all parties from each city on the same page about how to shore up multi-billion-dollar retirement fund shortfalls before seeking help from state lawmakers.
The Texas Senate's transportation committee committee sent to the full Senate on Wednesday five high-speed train bills, some of which could impact or hinder a private company's plans to build a bullet train from Dallas to Houston.
Dallas families bracing to lose their housing this June will get some money to relocate. The City of Dallas Housing Finance Corporation voted Tuesday to set aside $300,000 for families renting homes owned by HMK Ltd. – homes that don’t meet housing standards that were strengthened last fall.