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New Partnership Members in November

Published Dec 14, 2020 by Julia McGowen

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The Greater Houston Partnership welcomed 15 new member companies in the month of November. The Partnership works to connect companies with resources, information and business development opportunities to help increase business while also providing a platform to influence the direction of the region.

New members joining in the month of November include:

Kane Russell Coleman Logan PC: Kane Russell Coleman Logan PC is a full-service law firm with offices in Dallas and Houston. KRCL handles transactional, litigation, and bankruptcy matters in Texas and throughout the country. Website 
 
ICIT SOLUTIONS: ICIT Solutions' mission is to make strategic, enterprise-level IT solutions accessible and affordable to small and medium businesses – bringing them more productivity, increased profitability, and the peace of mind to prosper and grow. Website 
 
HSBC Bank USA, N.A.: HSBC is one of the largest banking and financial services organizations in the world. Website 
 
Navstella: Navstella is a CX consulting, brand strategy, employee engagement, and organizational transformation firm. Website 
 
Sodexo: Founded in Marseille in 1966 by Pierre Bellon, Sodexo is the global leader in services that improve Quality of Life, an essential factor in individual and organizational performance. Website 
 
Lime Rock Resources: Formed in 2005, Lime Rock Resources acquires, operates, and improves lower-risk oil and gas properties in the United States. Website  
 
Prison Entrepreneurship Program: Prison Entrepreneurship Program’s mission is to transform inmates and executives by unlocking human potential through entrepreneurial passion, education, and mentoring. Website 
 
The Kansas City Southern Railway Company: Headquartered in Kansas City, Mo., Kansas City Southern is a transportation holding company that has railroad investments in the U.S., Mexico, and Panama. Its primary U.S. holding is The Kansas City Southern Railway Company, serving the central and south-central U.S.  Website  
 
Starbucks Coffee Company: Starbucks is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington and is the world's largest coffeehouse chain. Website 
 
Boyd Commercial, LLC: Boyd Commercial, LLC is a commercial real estate brokerage company specializing in leasing, sale and new development of industrial, investment, office and commercial properties. Website 
 
McGuireWoods LLP: McGuireWoods, one of the world’s leading law firms, has earned the loyalty of its many longstanding clients with deep and broad legal experience; a passion for understanding their businesses and markets; innovative delivery of practical, business-minded solutions; and unmatched service. Website 
 
Latham and Watkins: Latham & Watkins is a global law firm with more than 2,700 lawyers in its offices located in Asia, Europe, the Middle East and the United States. Website 
 
Texas Tissue Converting: Texas Tissue Converting offers an innovative and tailor-made service for our customers through the two-business area: Private Label and Contract Manufacturing. Texas Tissue provides Paper Converting and Tissue Converting for any company in need of Bath Tissue, Paper Towels, Hand Towels, and more. Website 
 
Phenix Construction Technologies: Phenix Construction Technologies is a venture of India based M&B Group, a Group with a 60-year legacy of developing Infrastructure projects. The Group provides fast-track solutions in Infrastructure development for the Indian and international markets. Website 
 
Grupo Sallés: Grupo Sallés is a family group with presence in Guatemala and the U.S. focusing on helping people do more and better business in Guatemala. The group also helps Guatemalan Entrepreneurs establish a business in the USA. Website 

Click here to see the Partnership's Membership Directory.

To learn more about membership with the Greater Houston Partnership click here, or contact membership@houston.org.

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Legislative Update: A First Look at the Budget

1/22/21
While the Legislature was adjourned this week, the major news out of Austin came in the form of the budget. In keeping with the tradition of alternating which chamber produces the budget, the Senate Finance Committee released Senate Bill 1 on Thursday. The base budget bill proposes $119.7 billion in general revenue spending for the 2022-2023 biennium, a 4% growth in general revenue. This is greater than the $112.5 billion that Comptroller Hegar announced last week will be available to lawmakers for general revenue spending. Senator Jane Nelson (R-Flower Mound), Chair of the Senate Finance Committee, stated the goal is to protect the investments towards supporting public education and vulnerable citizens in 2019. The Economic Stabilization Fund (ESF), also known as the Rainy Day Fund, is expected to reach $11.5 billion by the end of the 2022-2023 biennium. It is possible the Legislature could tap the ESF to balance the budget. It is also not unusual for the Legislature to utilize creative accounting maneuvers to allow funds to be spent beyond those outlined by the Comptroller. Public Education With the Senate budget bill filed, we have our first look at how the Legislature may fund public education. The base budget includes an increase in overall funding for public education by over $9 billion. This increase accounts for statewide population growth and the automatic tax rate compression requirement passed during the 2019 legislative session, which requires property wealthy school districts whose property tax values increase by over 2.5 percent to compress their tax rate or go to the voters with a tax ratification election. In addition to the overall increase in funding, legislators fund most of the critical programs and formula elements included in House Bill 3, the landmark school finance package passed last session. Some of those programs include math and literacy academies, career readiness programs, the educator quality and leadership program, and early childhood learning. However, legislators cut funding for a majority of the programs outside the formulas by 5 percent, which is consistent with the state leadership’s directive for the majority of state agencies to cut 5 percent across the board. The state budget sustains all elements of the formula funding system for the next biennium. We believe the base budget reflects the Partnership’s Executive Priority of maintaining a well-funded and equitable public education system that serves all children and protects high-impact programs. Health Care Total funding for the Health and Human Services agencies is $91.6 billion. This is a decrease of $4.1 billion from the previous biennium. The decrease reflects $1.8 billion in one-time federal appropriations directly tied to COVID-19 pandemic response, and a decrease of $1.3 billion in the federal share of funding for Medicaid and Children’s Health Insurance Program (CHIP) guaranteed under the federal 2020 Families First Coronavirus Response Act, which is set to expire currently in 2021. Additionally, the budget reflects agency-identified reductions for the 2022-2023 biennium. In 2019, the Legislature prioritized resources to address mental health, specifically childhood mental health. Funding continues for these programs in the proposed budget with a projected $8 billion for mental health, including an increase of approximately $20 million to operate the Texas Child Mental Health Consortium and $145 million to continue community mental health programs. The proposed budget also maintains funding for Graduate Medical Education formulas, projected caseloads for the Medicaid program, and enhancements for post-partum care services and Maternal Mortality and Morbidity safety initiatives. Transportation The Senate Texas Department of Transportation budget includes a 7.5 percent decrease, from $32.8 billion last session to $30.3 billion this biennium. This does not threaten or delay the state's commitment to the State Highway Fund, serving transportation needs, and TxDOT's reductions primarily reflect the loss of one-time funding sources. Higher Education Funding for Higher Education totals $21.3 billion for the 2022–2023 biennium, a decrease of $3.3 billion, or 13.6 percent from the previous biennium. Formula funding appropriations are maintained for the biennium. With formula funding intact, the Partnership will support policies that advance Houston regional higher education institutions' development of the future workforce. Economic Development Economic development appropriations are reduced, compared to the current budget. Historically, early budget drafts appropriate fewer incentive dollars compared to the final version, and the levels allocated in Senate Bill 1 are similar to amounts initially proposed in 2017 and 2019. The Texas Enterprise Fund is funded at $100 million. The Texas Enterprise Fund decreases by $50 million, from $150 to $100 million. Skills Development Fund dollars, used for workforce training, are reduced by $5.3 million, to $54.7 million. Monies allocated to the Governor for broad economic development efforts are reduced from $121 million to $37 million. The Governors University Research Initiative, which is designed to lure top-tier academics to Texas universities, increases to $40 million, up from $23 million. To learn more about this week of the 87th Texas Legislative Session or the Partnership's priorities, check out Houston.org/txlege. 
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Membership

New Partnership Members in December

1/17/21
The Greater Houston Partnership welcomed 10 new member companies in the month of December. The Partnership works to connect companies with resources, information and business development opportunities to help increase business while also providing a platform to influence the direction of the region. New members joining in the month of December include: CLEAR:CLEAR is a biometric secure identity platform that stores individuals' personal information and links it to biometric data, allowing them to bypass the travel document checker at security checkpoints by using fingerprint and/or iris identification. Website  Amazon Web Services: Amazon Web Services is a subsidiary of Amazon providing on-demand cloud computing platforms and APIs to individuals, companies, and governments, on a metered pay-as-you-go basis. Website  Benchmark: Benchmark, a global hospitality company, is a trailblazer in the development, management, marketing, and owner-advisory services of resorts, hotels, conference centers, and exclusive private clubs. Website  CSI Executive Search, LLC: CSI Executive Search, LLC provides professional and executive leadership talent solutions. CSI’s Houston Recruiters Industry specializations include Aerospace / Defense, Chemical /Petrochemical, Construction / EPC, Consumer Products Environmental Service, Healthcare / Medical, IT / Technology, Manufacturing, Oil & Gas, Private Equity / V.C., Renewable Energy, Transportation / Logistics Website SPD Construction: SPD Construction is a full-service construction firm providing general contracting, design/build, CM at-risk, and CM at fee services in the southwest region of the United States. Website  Riverway Business Services, Inc.: Riverway Business Services is a leading full-service staffing company dedicated to helping client companies find the best temporary, contract, and full-time employees possible, while helping job seekers find the right jobs. Website  McFarland PLLC: McFarland PLLC represents property owners in securing just compensation when the government takes private property for public use. Website      Willis Towers Watson: Willis Towers Watson designs and delivers solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital for large Fortune 1000 employers. Website  Marriott Marquis Houston: The Marriott Marquis Houston is a AAA Four Diamond hotel in downtown Houston, Texas. Website  Moody Nolan: Moody Nolan is an African American owned and managed architecture firm. Website  Click here to see the Partnership's Membership Directory. To learn more about membership with the Greater Houston Partnership click here, or contact membership@houston.org.
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