Sunday, December 25, 2022

Business and Economic Development Policy in Texas

 Fiscal Size-Up.

What is Business and Economic Policy?

The five business and economic development state agencies provide services supporting the Texas economy through transportation, business and workforce development, lottery and bingo operations, and community infrastructure. These agencies include the Department of Housing and Community Affairs, the Texas Lottery Commission, the Department of Motor Vehicles, the Texas Department of Transportation, and the Texas Workforce Commission.

- Department of Housing and Community Affairs: administers affordable housing, housing-related and community service programs; regulates the state’s manufactured housing industry; ensures program compliance with federal and state requirements; and provides educational materials or technical assistance for housing and community services.

- Texas Lottery Commission: Generate revenue for the state through the management and sale of entertaining lottery products and provide authorized organizations the opportunity to raise funds for their charitable purposes by conducting bingo.

- Department of Motor Vehicles: Provide vehicle title and registration services, motor carrier registration and permitting, motor vehicle industry licensing and regulation, and other motor vehicle regulatory and enforcement services.

- Department of Transportation: Provide vehicle title and registration services, motor carrier registration and permitting, motor vehicle industry licensing and regulation, and other motor vehicle regulatory and enforcement services.

- Texas Workforce Commission: Support an effective workforce system that provides economic opportunity for employers, individuals, and communities, and administer the state Child Care and Unemployment Insurance programs.