US EditionTexas House cuts cord on taxpayer-funded golden parachutes
Summary by Odessa American
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Texas House cuts cord on taxpayer-funded golden parachutes
AUSTIN State Rep. Brooks Landgraf, R-Odessa, announced May 3 that the Texas House of Representatives passed a bill aiming to outlaw “golden parachutes” for government employees. House Bill 762 prohibits cities, counties and other government entities from making any severance payments to a government employee who is terminated due to misconduct, gross mismanagement, fraud, or violation of law, a news release said. Additionally, the bill bans loca…
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