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Home    Education    Legislative    Publications    Calendar    Sunbelt Builders Show    Resources Nov. 17, 2009

Home builders (you heard that right) get a gift
The New York Times    Share   Share on FacebookTwitterShare on LinkedinE-mail article
On Nov. 6, President Obama signed the Worker, Homeownership and Business Assistance Act of 2009 into law, extending unemployment benefits by 20 weeks and renewing the first-time homebuyer tax credit until next April. But tucked inside the law was another prize: a tax break that lets big companies offset losses incurred in 2008 and 2009 against profits booked as far back as 2004. More




Commissioner orders State Farm to issue refunds
The Houston Chronicle    Share    Share on FacebookTwitterShare on LinkedinE-mail article
State Farm Lloyds must pay home insurance policyholders $310 million in refunds and interest for overcharges stretching back as far as six years, the state's insurance commissioner has ordered. The order completes insurance reforms state lawmakers started in 2003, Insurance Commissioner Mike Geeslin said in a written statement. "There is evidence, there is law, and between the two you come up with $310 million," he said. More


Local-option transportation bill could make a comeback
The Fort Worth Star-Telegram Politex Blog    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The El Paso lawmaker that heads the House Transportation Committee was in Arlington to speak to the Regional Transportation Council Thursday. Democratic State Rep. Joe Pickett told them he would work during the next year on a bill to increase the gasoline tax to improve Texas highways. He also said he would work with North Texas officials to include a local option that allows metro areas to hold elections and raise gas taxes, car registration fees and other revenue sources for public transportation. More


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Aggies debate bonfire decade after deadly collapse
The Associated Press via The Houston Chronicle    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Nov. 18, 1999, collapse, which also injured 27, brought an end to the on-campus annual bonfire. Investigators didn't blame it on a single person or group, but found students had cut corners constructing the 59-foot tall structure and school officials failed to adequately supervise them. A decade later, many Aggies, including Texas Gov. Rick Perry, want to bring bonfire back. But others question whether it has a place at the school as it strives to be respected nationally as a university that also values diversity, research and academic achievement. More


'There is life after the White House,' George W. Bush tells crowd at SMU
The Fort Worth Star-Telegram    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Former President George W. Bush is glad to be home in Texas. Last week, he told a crowd at Southern Methodist University that there is life after the White House. "Laura and I are happy, healthy and home - here in the promised land," he said. He "may be retired, but I’m not tired." More




Americans see country headed in wrong direction, poll says, but closer look shows strong partisan divide
The Austin American-Statesman Postcards Blog    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Results from a recent University of Texas poll suggest a majority of U.S. adults believes the country is on the wrong track, though a closer look shows it's primarily Republicans and self-identified Independents who have worries. Broadly, 51 percent of the respondents to the survey taken Oct. 13-22 said the country is off on the wrong track with 31 percent saying it's headed in the right direction and 18 percent answering they don't know or otherwise. But it looks like party alignment explains the results. More


GOP's latest foes hail from Tea Party
The Houston Chronicle    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Canyon Clowdus thinks Americans have less freedom and pay more taxes than ever. "We need more John Wayne and Jesus in Washington," the Marble Falls rancher and businessman declares. Clowdus is just the kind of grass-roots activist that national Republican leaders sought to fire up in the Tea Party movement that has spread across Texas in energetic rallies and heated town hall confrontations. Now, the 40-year-old Army veteran is seeking to unseat an incumbent congressman whom he calls a profligate spender. Just one problem: Clowdus, an avid Tea Party loyalist, is running in the Republican primary against a Republican incumbent, Rep. Mike Conaway of Midland. More


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Hutchison in D.C. as Cheney headlines Houston rally
The Dallas Morning News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Kay Bailey Hutchison planned to showcase her endorsement by former Vice President Dick Cheney as a key campaign moment today – even if she's not there. As if to underscore the problem of running for governor while serving in the Senate, Hutchison was faced with the prospects of a health care vote in the Senate the same day that Cheney will headline a campaign rally and fundraiser in Houston. More


Hutchison not quitting Senate until after Republican primary
The Fort Worth Star-Telegram    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Sen. Kay Bailey Hutchison will announce that she will remain in the Senate while she runs against Gov. Rick Perry in the 2010 governor's race and will not resign her seat until after the March 2 Republican primary, her campaign staff said. After learning her plans, Perry spokesman Mark Miner said: "We appreciate that Sen. Hutchison has taken the governor's advice and finally decided to make a decision to stay in Washington." More


Sun appears to be setting on NRG's plans for Texas solar plant
The Dallas Morning News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
NRG Energy's plans to build Texas' largest solar plant appear close to dying. NRG, a New Jersey company that operates power plants around Texas, announced plans in September to spend $40 million to build a 10-megawatt solar plant on land near an NRG natural gas plant. The city of Houston had agreed to buy all the power the plant produces for the next 25 years. More


Get the latest Texas Association of Builders news as well as information affecting the building industry by visiting www.TexasBuilders.org. For information about Education, Exhibits and Special Events happening at the 2009 Sunbelt Builders Show™, visit www.SunbeltBuildersShow.com.

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Proud sponsor of the Texas Association of Builders since 2000.
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