Texas House Decides to Audit Rick Perry's Texas Enterprise Fund

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Rick Perry's Texas Enterprise Fund has granted $485 million in grants to private companies, allegedly to create jobs in Texas. Many of those companies are owned by the governor's largest donors. Since the creation of the fund ten years ago, Perry has collected $2 million in campaign donations from its recipients. It is a slush fund and crony capitalism at its worst.

On Friday, using a simple voice vote, the Texas House decided to audit the fund. The report is due no later than January 2015. But though the Senate approved an earlier version of the bill, the audit is not yet official.

“The measure must pass a final, procedural House vote. It then heads to conference committee to reconcile the latest version with what the Senate previously approved,” the Associated Press explains.

Godspeed.

About Author

Ben Sherman

Ben Sherman has been a BOR staff writer since 2011. A graduate of the University of Texas, Ben has worked on campaigns, in political consulting, and has written for other news outlets like Think Progress. Ben considers campaign finance reform the fundamental challenge of our time because it distorts almost every other issue in American politics.

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