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RRC Unveils Interactive Map of Orphaned Wells Being Plugged with the Use of Federal Funding

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In yet another move to improve transparency, the Railroad Commission has launched an interactive map of ongoing orphan well plugging with the use of federal infrastructure funding.

The data visualization allows users to choose what they see on the map, including which county to view, the fiscal year, and whether the wells have been plugged or have had a work order issued to be plugged.

The RRC received a $25 million initial grant to plug abandoned oil and gas wells from the U.S. Department of the Interior in 2022. Texas was the first state in the country to start plugging abandoned oil and gas wells using federal funds with projects in Refugio County in October (video).

The funds are part of the federal Infrastructure Investment and Jobs Act, which dedicated the funds to plug abandoned oil and gas wells.

So far, the agency, which has the critical mission of protecting public safety and the environment, has already plugged 128 orphaned wells with federal funding and plans to plug about 800 abandoned wells by the end of the fiscal year.

“Thanks to our well-established well plugging program, we were able to hit the ground running to start plugging wells with the federal funds,” said Clay Woodul, RRC Assistant Director of the Oil and Gas Division for Field Operations. “The data visualization allows anybody with access to the Internet to see our progress plugging wells the federal funds.”

RRC’s State Managed Plugging Program, which utilizes revenue from industry fees and fines, has exceeded performance measures set by the Texas Legislature for six consecutive fiscal years.

The RRC may receive up to $318 million in additional formula funding from the federal government to plug orphaned wells. More information and links can be found via the following webpage: https://www.rrc.texas.gov/oil-and-gas/environmental-cleanup-programs/federally-funded-well-plugging/.

Source: rrc.texas.gov

Governor Abbott Appoints Senator Nelson As Texas Secretary Of State

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Governor Greg Abbott today appointed Senator Jane Nelson as the 115th Secretary of State for Texas. The Secretary of State serves as Chief Election Officer for Texas, assisting county election officials and ensuring the uniform application and interpretation of election laws throughout Texas. The Office of the Secretary of State also provides a repository for official business and commercial records required to be filed with the Office. The Secretary publishes government rules and regulations and commissions notaries public. The Secretary also serves as the keeper of the state seal and attestor to the Governor’s signature on official documents.In addition, the Secretary serves as senior advisor and liaison to the Governor for Texas Border and Mexican Affairs and as Chief International Protocol Officer for Texas.

Senator Jane Nelson is a businesswoman and former teacher who was first elected to the Texas Senate in 1992 after serving two terms on the State Board of Education. She was Chair of the Senate Health Committee for longer than anyone in history before becoming the first woman to be Chair of the Senate Finance Committee. In addition to writing four balanced state budgets, Senator Nelson has a long list of accomplishments that include establishing the Cancer Research & Prevention Institute of Texas, reforming medical liability, achieving tax relief, overhauling the foster care system, expanding access to mental health care, and passing over 30 bills to protect victims of domestic violence, sexual assault, and human trafficking. Her work has been recognized with dozens of awards, including from the American Medical Association, American Cancer Society, Texas Association of Business, Texas Council on Family Violence, CASA, Texas Hospital Association, Big Brothers & Big Sisters, Texas PTA, Texas Retired Teachers Association, the Women’s Health Coalition, and many others. Senator Nelson and her husband, J. Michael Nelson, owned and operated an aircraft component manufacturing company in Denton County. They have five children and 12 grandchildren.

Senator Nelson’s appointment comes after the Governor accepted the resignation of former Texas Secretary of State John Scott last month.

Source: gov.texas.gov

Bezos Headed Back to Amazon This Year: Money Manager

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The online retailer’s founder will come back to deal with its woes, said Michael Batnick of Ritholtz Wealth Management.

Plenty of financial-market professionals have spit out predictions for 2023 in the last few weeks.

These forecasts are often wrong, as when the consensus view called for an increase in stock prices during 2022. Instead, the S&P 500 fell 19%.

Michael Batnick, a managing partner at esteemed Ritholtz Wealth Management, acknowledges that annual predicting is futile.

“Market predictions are silly. We all learned this a long time ago,” he wrote in a commentary. “But that doesn’t mean they’re completely worthless.”

And why is that?

“Even though forecasts are almost always wrong, they can be entertaining and educational,” Batnick said. “That’s all I’m trying to do with this post. Entertain and educate.”

None of this constitutes investment advice, he said. “I’m not doing anything with my portfolio based on these predictions, and neither should you.”

Here are the forecasts.

· Tech continues its layoffs.

· International Stocks Outperform.

· The IPO market remains frozen.

· Value Outperforms Growth Again.

· Gold makes a new all-time high.

· Energy stocks continue to outperform.

· Bitcoin gains 100%.

Bonds Hold Their Own as a Diversifying Asset

“Bonds have historically done well when stocks got dinged,” though last year was an exception, Batnick said.

“The 10-year treasury yield went from an all-time low in 2020 to the highest levels in over a decade in fairly short order,” he explained. “That was painful, but the good news is we got it over with. You can’t go from [a yield of] 50 basis points to 4% again this year.”

So the good news is “if stocks have another rocky year, bonds should do ok,” Batnick said. “Even if interest rates were to rise, lowering [bond] prices, at least we’ve got the fixed income component to cushion the blow.”

“It would be easy to suggest that a massive decline in home prices is underway,” given the huge price jump from 2020 through the middle of 2022, Batnick said.

“But I don’t see that happening. The supply-demand imbalance is structural, with buyers outnumbering sellers by a lot. “

Further, “you see activity picking back up as interest rates have [dipped] over the past couple of weeks,” he said.

“As long as [mortgage] rates don’t shoot back up to 7%, home prices will cool, but they won’t crash.” The 30-year fixed mortgage rate averaged 6.42% in the week ended Dec. 29.

The Economy Avoids Recession, Stocks Gain Double Digits, and Bezos Returns

This year will resemble 2022 in that macro factors will dominate, Batnick said. “With peak inflation hopefully behind us, a consumer that is still in good shape, and an investor class that is negative across the board, it wouldn’t take much in the way of an upside surprise for stocks to take off.”

Amazon  Get Free Report stock dropped 50% last year, it’s the largest annual decline since the dot-com bubble burst in 2000, Batnick said.

“Jeff Bezos spent 27 years at Amazon and has been gone for less than two,” he said. “In 2023 he pulls a Bob Iger and returns to steady the ship.”

Iger came back to Disney as chief executive in November, after retiring from the position in 2020.

Source: news-daily

Gloria Trevi y Sergio Andrade afrontan una nueva demanda por abuso de menores en Estados Unidos

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Casi dos décadas después de que un juez absolviera a la cantante de los cargos de reclutar menores para una red de explotación sexual encabezada por su productor, una nueva demanda revive aquel infierno, según la revista ‘Rolling Stone’

La diva mexicana del pop Gloria Trevi afronta una nueva demanda civil por corrupción de menores junto al que fuera su pareja, el productor Sergio Andrade. Una corte del distrito de Los Ángeles ha revivido las afirmaciones de que la pareja reclutó a niñas y adolescentes para formar parte de una red de abuso sexual, de acuerdo con una publicación de la revista Rolling Stone este miércoles. Las acusaciones vuelven casi dos décadas después de que un juez absolviera a la cantante de los mismos cargos: reclutar menores para una red de explotación sexual encabezada por su productor. La artista no se ha pronunciado en sus redes sociales sobre los señalamientos.

La denuncia, que ha sido obtenida en primicia por la revista estadounidense, fue presentada el pasado 31 de diciembre. Aunque en ella no se hace referencia específicamente a la artista y al productor por sus nombres, “está claro que se trata de los dos principales acusados según los detalles, incluidos los conciertos que tuvieron lugar en 1990 y los álbumes que grabó”, cita la publicación.

En la demanda, las denunciantes, dos mujeres identificadas como Jane Does (el nombre genérico para proteger sus identidades en Estados Unidos), aseguran que la cantante se acercó a ellas cuando tenían 13 y 15 años y las atrajo para que se unieran al supuesto programa de capacitación musical que lideraba Andrade. La mayor parte de los presuntos abusos ocurrieron en Los Ángeles, de acuerdo con la revista estadounidense. Siempre, según esa versión, el programa servía como tapadera de una red sexual de chicas jóvenes que durante años fueron explotadas por Andrade, entre ella la propia Gloria Trevi.

En 1990, Trevi y Andrade habían amasado una gran fama internacional y un gran poder en el mundo del espectáculo tanto en México como en el otro lado de la frontera. Años después, una avalancha de acusaciones de violación y abusos de varias mujeres hizo que estallara el escándalo. “Andrade fue retratado como un violento pedófilo en serie y Trevi como su cómplice”, dice Rolling Stone. Ambos fueron arrestados en Brasil en enero de 2000 después de una persecución internacional. “[Trevi y Andrade] usaron su papel, estatus y poder como una estrella pop mexicana conocida y exitosa y un productor famoso para obtener acceso, preparar, manipular y explotar [a las víctimas] y forzar el contacto sexual con ellas durante un curso de años”, alega la nueva demanda civil.

En una entrevista con EL PAÍS en 2018, Trevi se reconocía también como una víctima más de Andrade y aseguraba que no guarda rencor contra las personas que la acusaron. “No tengo coraje con las chicas que dijeron cosas de mí porque sé que ellas han sufrido. Yo las vi sufrir y sabía que ellas tenían una presión muy grande por parte de los medios de comunicación, de su familia, de la sociedad”, señaló. La artista ha relanzado su carrera en los últimos años y se ha posicionado como una de las artistas más famosas en México y Latinoamérica, con giras por varios países. Las últimas publicaciones de Trevi hacen alusión a sus últimos conciertos, aunque no se conoce un posicionamiento formal de ella o su equipo.

La cantante estuvo retenida cuatro años en la cárcel a la espera de juicio hasta que, en 2004, un juez determinó que no existían pruebas suficientes para respaldar las acusaciones de violación, secuestro y corrupción de menores presentadas en su contra, por lo que fue liberada sin cargos. Andrade sí fue condenado por violación, secuestro y corrupción de menores, y paso casi siete años entre rejas.

Después de una difícil vuelta a los escenarios, parecía que Trevi había dejado atrás aquel infierno, pero su pasado regresa para volver a ponerla en el centro de la polémica. Más de una década después de salir de prisión, durante la entrega de los Latin American Music Awards de 2018, Trevi se defendió con firmeza de lo que sucedido: “Mi abusador, hoy por hoy, está libre. No solo me hizo daño a mí, sino a muchas otras jóvenes y probablemente lo siga haciendo”, dijo. “[Yo] tenía 15 años cuando empecé a vivir con manipulaciones, golpes, gritos, abusos, castigos. Y fueron 17 años de humillaciones”, dijo ante miles de espectadores sobre los años que vivió junto a Andrade.

“He tardado mucho en hablar porque yo no quería levantarme dando lástima. Yo quería levantarme por mi trabajo. Sin embargo, sí sentí ese compromiso de denunciar e inspirar a mujeres y hombres que estén pasando por una situación de abuso para decir basta, ya no más”, afirmaba en otra entrevista con este periódico en 2019.

Al ser una demanda civil, lo más probable es que las denunciantes exijan una reparación del daño, que en casi todos los casos suele ser una compensación económica. La demanda fue presentada en esa fecha porque el Estado de California emitió una moratoria de tres años para que personas que hayan sido víctimas de abuso sexual puedan presentar demandas a pesar de que penalmente sus casos ya hayan prescrito. La semana pasada el cantante de Aerosmith, Steven Tyler, también fue demandado en California por un presunto abuso sexual a una menor en 1970.

Source: elpais

Nice to meet you, 2023.

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Coming off another successful year that concluded with a special Education Residency with the Dance Theatre of Harlem and sold-out performances of Cirque Dreams Holidaze. And not even halfway through the 22/23 Season!

Starting with NYC’s Gazillion Bubble Show at Jones Hall this month, we look forward to a new year of un-bubble-achievable arts and more.
In this issue:

  • Higher Ground: Dance Theatre of Harlem Houston Education Residency
  • Renovations at Jones Hall
  • Annual Report
  • 2023 Performing Arts Houston Gala
  • Houston Arts on The New York Times Best List
  • Gazillion Bubble Show: World records, lasers, and magic
  • Arts For-wordle
  • New Years Sale: 2023 means $23 tickets

Onward!

Higher Ground: Dance Theatre of Harlem Houston Education Residency

Dance Theatre of Harlem joined Performing Arts Houston for a week of education and community programs, DEC 6-11. Through master classes, discussions, festivals, and performances, DTH graced Houston with informative and inspiring engagements.

The NYC dance company returns February 3-4 for performances at Jones Hall. They’ll perform Higher Ground, a work featuring the music of Stevie Wonder (and celebrated as one of the best dance experiences of the year), and more.

Photos by Melissa Taylor and Asaeda Badat

Listen to Artistic Director Virginia Johnson discuss her remarkable legacy with Dance Theatre of Harlem, on Houston Public Media’s Houston Matters

Virginia Johnson on Houston Matters

Renovations at Jones Hall

Did you know that Performing Arts Houston’s home, Jesse H. Jones Hall for the Performing Arts, is undergoing a multi-year renovation? The goals of this renovation are to improve the audience experience, including safety and accessibility considerations, and complete much-needed upgrades to backstage technology and operations. So far, these updates have occurred during summer months when performances were not taking place.

We will enter a major new phase of the renovation in 2023. Upcoming projects include installing brand-new seats and side aisles throughout the entire auditorium; a long-awaited restroom expansion with improved access from the main lobby; an expanded donor lounge with added restrooms; and a host of additional projects.

While many projects will continue to take place during upcoming summers, major restroom and lobby renovations will begin this month. Jones Hall patrons will see our progress during this “pardon our dust” phase.

Starting this month, restrooms on the courtyard level will be renovated, with executive luxury washrooms placed outside the main lobby entrance of Jones Hall. This top-of-the-line, climate-controlled restrooms are more accessible, private, and convenient than our existing restrooms, and will be conveniently located at the lobby level. Ushers will be available to help direct patrons to the nearest restroom location, including other restrooms throughout the hall that will remain available.

We appreciate your patience and understanding while we work to update this historic building, addressing what we know are some of our audiences’ biggest concerns and improving the accessibility and experience of the venue for decades to come.

Annual Report

We’re delighted to share our 21/22 Season Annual Report. Thanks to the remarkable support and leadership of our board and President & CEO Meg Booth, and the generous support of our donors and members, Performing Arts Houston has made significant strides toward advancing major initiatives of the 2020 Strategic plan and creating a new future of live arts for the City of Houston.
Learn More

Celebrate with us!

Join Performing Arts Houston for the annual Kaleidoscope Ball on April 1, 2023, chaired by Steve and Mignon Gill. This year’s theme: a New Orleans-style Evening in the Garden District. Tables and individual tickets on sale now.
Learn more

Houston Art Makes The New York Times

We saw some familiar faces on The New York Times’ list of Best Classical Music Performances of 2022.

Yunchan Lim, the 2022 Van Cliburn gold medalist, performed for a sold-out audience at Cullen Theater in October. The NYT lauded the Cliburn-winner’s playing as “poised poetry that had a standard sounding fresh…a maturity and confidence uncanny in a teenager.”

Our friends at DACAMERA were also on the list with the Houston premiere of Tyshawn Sorey’s Monochromatic Light (Afterlife), which had its sold-out world-premiere at the 50th anniversary of the Rothko Chapel in February 2022. “Monochromatic Light feels less like a nostalgia trip than a broadening of [Morton] Feldman’s path deep into the pain and community of our time and the distant but resonant past,” (The New York Times).

Dance Theatre of Harlem made the list of Best Dance Performances of 2022 with Robert Garland’s Higher Ground. This ballet set to the music of Stevie Wonder is a soulful, funky social commentary that combines Black vernacular dance with classical steps. There’s still prime seating available for Dance Theatre of Harlem’s Houston performances of Higher Ground, along with other repertory works, February 3-4 in Jones Hall.

Learn More

Family Day at Gazillion Bubble Show

See the wonderment of bubble art in Gazillion Bubble Show on JAN 28, 2023. Jones Hall will be filled with bubbles, lasers, and magic!

That same day, attendees can enjoy Family Day in the lobby before each show, featuring community partners, prelude performances by the Theatre Under the Starts Pre-Professional Company and Elevate Dance Company, and arts and crafts activities for all ages. The fun begins in Jones Hall at 10 am.

Learn more
Another artsy wordle for your word gaming pleasure. Click below to play!

Coming soon: The New Year Sale

Resolving to experience more? Get lost in live arts in 2023 with an unbeatable sale—$23 tickets on select performances. More details coming to an inbox near you very soon.

Upcoming Performances

Gazillion Bubble Show
JAN 28
SAT 11 am & 3 pm
Jones HallJones Hall will be filled with bubbles! Lasers, special effects, and bubble magic will make you feel like a kid again.
Learn More
Dance Theatre of Harlem
FEB 3-4
FRI 7:30 pm; SAT 2 pm
Jones HallA powerful vision for ballet in the 21st century.
Learn More
New/Now: The Houston Artist Commissioning Project
FEB 24-25
FRI & SAT 7:30 pm
Cullen TheaterAll world premieres. All featuring Houston artists living and working in our city now.
Learn More
Mnozil Brass: Gold
FEB 26
SUN 6:30 pm
Cullen TheaterThe Austrian brass band, known as “the Monty Python of the music world,” plays its greatest hits. Famous music, humor, and astounding virtuosity.
Learn More
Ragamala Dance Company
MAR 10
FRI 7:30 pm
Cullen TheatreChoreographers Ranee Ramaswamy and Aparna Ramaswamy’s Fires of Varanasievokes an elaborate ritual where time is suspended and humans merge with the divine.
Learn More

Thank you for reading. Happy New Year from the Performing Arts Houston team!

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These Texas laws go into effect in 2023

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Several Texas laws will go into effect in 2023. The laws were passed and signed during the 87th Texas Legislature, and include changes to property taxes, building codes, and more.

View the laws and their summaries below. Note that some of the laws listed below went into effect in 2021 but are included here because they have sections that will not take effect until 2023.

Changes to the judicial branch of state government

HB 3774 is an omnibus bill relating to the operation and administration of courts in the judicial branch of state government.

House Bill 3774 amends the Civil Practice and Remedies Code, Code of Criminal Procedure, Estates Code, Family Code, Government Code, and Local Government Code. Among other provisions, the bill does the following:

  • creates 10 district courts, five statutory county courts, one statutory probate court, and one criminal law magistrate court;
  • revises the jurisdiction of certain statutory county courts;
  • grants the magistrates of certain counties jurisdiction in criminal actions;
  • establishes the duties of certain district and county attorneys;
  • makes certain changes applicable to proceedings in a justice or municipal court or in juvenile justice and family courts;
  • provides for public access to the state court document database, if authorized by the Texas Supreme Court;
  • revises procedures for the transfer of cases between courts and provides for the development of a standardized transfer certificate and an index of transferred documents form;
  • provides for a code of professional responsibility to regulate the conduct of entities regulated by the Texas Forensic Science Commission, revises the commission’s investigatory power, and authorizes the commission to use appropriated funds for the training and education of forensic analysts;
  • includes a veterans county service office among the causes to which a juror may donate their daily reimbursement;
  • provides for the appointment of a judge or magistrate of a district or statutory county court to preside over a regional specialty court program under certain conditions;
  • authorizes a defendant participating in a veterans treatment court program to be transferred to another such program in a county adjacent to the county where they work or reside;
  • requires the Texas Supreme Court to adopt rules regarding exemptions from the seizure of a judgment debtor’s property;
  • provides for the protective order registry to include protective orders for victims of sexual assault or abuse, stalking, or trafficking and for the removal of certain vacated orders from the registry;
  • makes certain changes regarding the regulation of court reporters;
  • extends the deadline by which the state’s attorney must answer an application for a writ of habeas corpus filed after final conviction in a felony case without the death penalty and provides alternative methods for serving a copy of an application for such a writ on the state’s attorney in a community supervision case; and
  • authorizes a justice or judge to order the use of the uniform incident fingerprint card to take the fingerprints of an offender who is charged with a fine‑only misdemeanor involving family violence but was not placed under custodial arrest.

The bill took effect Sept. 1, 2021, except for some sections which take effect Jan. 1, 2023.

Lowering property tax ceiling to reflect school district compressed rates

SB 12, 87th 2nd C.S. amends the Education Code, Government Code, and Tax Code to provide for the reduction of the amount of the limitation on the total amount of property taxes that may be imposed by a public school district on the residence homestead of an elderly or disabled individual to reflect any reduction from the preceding tax year in the district’s maximum compressed tax rate. Among other provisions, the bill entitles a district that is not fully compensated through state aid or the calculation of excess local revenue as part of the foundation school program based on the determination of the district’s taxable value of property to additional state aid in the amount necessary to fully compensate the district for the property tax revenue lost due to the reduction.

The bill takes effect on Jan. 1, 2023.

Hydrofluorocarbon refrigerants

SB 1210 amends the Texas Clean Air Act, Health and Safety Code, to prohibit a building code or other requirement applicable to commercial or residential buildings or construction from prohibiting the use of a substitute refrigerant authorized pursuant to the federal Clean Air Act.

The bill takes effect on Jan. 1, 2023.

Water and wastewater special districts

HB 3530, a continuation of the legislature’s ongoing statutory revision program, nonsubstantive codifies a number of session law special districts into the Special District Local Laws Code. The codified districts include one levee improvement district, one municipal utility district, two river authorities, and one water control and improvement district.

The bill takes effect on April 1, 2023.

Texas Department of Licensing and Regulation

HB 1560 amends and repeals certain provisions of the Alcoholic Beverage Code, Code of Criminal Procedure, Education Code, Family Code, Government Code, Health and Safety Code, Human Resources Code, Occupations Code, and Transportation Code to provide for the continuation and functions of the Texas Commission of Licensing and Regulation (TCLR) and the Texas Department of Licensing and Regulation (TDLR). The bill continues TCLR and TDLR until Sept. 1, 2033. The bill, among other provisions, postpones the sunset review of certain programs transferred to TDLR until the 2032‑2033 review cycle. The bill revises provisions relating to complaints received by TDLR and includes a provision requiring TDLR to post an additional statistical analysis of those complaints. The bill also requires TDLR to conduct risk‑based inspections. In addition, the bill transfers certain duties relating to continuing education programs from TCLR to TDLR.

House Bill 1560 requires TDLR to study the regulation of auctioneering and eliminates licensing requirements for polygraph examiners. The bill consolidates licenses and certificates that cover both barbers and cosmetologists and, in light of that consolidation, removes certain unnecessary regulations relating to those occupations. The bill eliminates the licensure requirement for persons issuing a residential service contract by repealing the Residential Service Company Act. The bill instead provides for the regulation of such contracts through the Service Contract Regulatory Act.

Except for the bill provisions repealing certain statutory provisions regarding driver training that take effect June 1, 2023, the bill takes effect Sept. 1, 2021.

Relating to a summary of a rule proposed by a state agency

HB 1322 amends the Government Code to require a state agency that files a notice of a proposed rule with the secretary of state under the Administrative Procedure Act to publish on its website a summary of the proposed rule written in plain language in both English and Spanish.

The bill takes effect on Sept. 1, 2023.

Public school finance system and public education

HB 1525 amends the Education Code and Government Code to revise aspects of the public school finance system and to provide for certain temporary funding allocations, among other provisions. Regarding the local share of funding, the bill revises the property value basis for calculating the maximum compressed tax rate, clarifies the 10 percent deviation rule, and requires the commissioner of education to reduce state aid or adjust the limit on a public school district’s local revenue level to offset any revenue generated by a district’s tax effort that does not comply with applicable law. The bill provides for the enforcement of the prohibition on levying a district maintenance tax at a rate intended to create a surplus for purposes of paying debt service. The bill excludes foundation school program (FSP) funding allocated to a district from the available school fund from being used to offset the district’s recapture amount but permits the use of the district’s other Tier 1 and Tier 2 funding for such an offset. The bill revises the basis on which certain consolidated districts are entitled to incentive aid.

This Act took effect Sept. 1, 2021, except Section 14, which takes effect Sept. 1, 2023.

Adult high school charter program

SB 1615 amends the Education Code to rename the adult high school diploma and industry certification charter school program as the adult high school charter school program and to expand the scope of the program from a sole charter granted to a single nonprofit entity charter holder to a regulatory framework for similar charters that may be granted to additional entities. The bill limits the number of adult high school charters that may be granted within a specified initial period and creates an initial enrollment limit for newly chartered programs.

Senate Bill 1615 revises the requirements for an adult education program’s instructional model and for associated training and services. The bill, in addition to revising specifications for the program’s accountability framework, requires the commissioner of education to adopt a separate accountability framework for an adult education program located in a correctional facility and provides for transitional performance measures for both frameworks. The bill authorizes the revocation of a charter for certain repeated failures to meet performance standards and revises applicable provisions relating to charter eligibility and expansion amendments, appropriate secondary exit-level testing, and program accountability. The bill raises the age at which a program student becomes ineligible for foundation school program (FSP) funding from 26 to 50 years of age.

Effective Sept. 1, 2021, Senate Bill 1615 provides for transitional FSP funding for students in an applicable adult education program, including by removing a certain age distinction. Effective Sept. 1, 2023, the bill establishes program-specific methods for calculating relevant FSP funding components, including average daily attendance; the compensatory education allotment; the college, career, or military readiness outcomes bonus; and an additional allotment based on weighted student outcomes.

Source: ksat

7 things Elon Musk must do to save Tesla stock in 2023

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In just the first day of trading on the NASDAQ in 2023, Tesla stock dived 14% from the previous close. The sharp single-day decline takes Tesla’s 12-month share price collapse to just over 70%.

The falls come as Elon Musk seemingly turns his attention to his new venture, Twitter, and also as the market reevaluates the multiples assigned to so-called growth stocks, prior to Federal Reserve quantitative tightening and global inflation volatility.

So, how can Musk and Tesla’s management turn around the former market darling’s fortunes?

Daniel Ives, the managing director of equity research at Wedbush Securities, has just outlined the 7 things he believes Elon Musk must do in 2023 to stop the Tesla stock rout.

1) Name a Twitter CEO

Ives says this need to be done by the end of January.

“He cannot be running Twitter and Tesla at the same time and I think that’s from an attention perspective,”.

2) Lay out realistic exceptions for Tesla in 2023

“If you look at 2022, that was part of the issue with the stock because the street begins to view them as ultimate numbers that can’t be hit,” said Ives.

3) Stop selling Tesla stock

Ives accuses Musk of using Tesla as his “personal ATM machine” to fund Twitter.

“Stop selling stock! I think if he does that, we start to see some of that bloom come back to the rose in Tesla stock, which right now is way in the investor penalty box which we’re seeing play out even in the first trading day.”

4) Overhaul the board

“Right now that’s an issue for investors, it feels like the Board is more of a rubber stamp board. You need more independence, you need more expertise from the technology and from an EV perspective,” said Ives.

5) Launch stock buybacks

According to Ives, if Tesla undertakes stock buybacks it will be a major boost to investor confidence.

“Right now confidence is what investors need.”

6) Focus on Tesla, not Twitter

Ives also took aim at Musk’s apparent lack of focus on Tesla. He said it appears he’s distracted on Twitter and investors don’t like all the tweeting.

He called out the fact that Musk was “just doing random tweets” on Tuesday, the same day Tesla stock suffered major declines.

7) Forge ahead with Full Self Driving (FSD)… And get it right

Here’s what Ives said about FSD.

“When you look at FSD… that’s the key to some of the future valuation. We do have Robo-taxis and everything else, but it starts with FSD and that’s the next leg of the Tesla growth story.”

Still bullish on Tesla stock

Despite the long to-do list Ives outlined for Elon Musk, the veteran investment banker said he’s still bullish on Tesla.

He has a $175 price target for the stock.

“I do think a lot of bad news has been baked in here. If you have a longer-term view… then the stock is oversold here.”

Source: asiamarkets

Elton John – I’m Still Standing

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You could never know what it’s like
Your blood like winter, freezes just like ice
And there’s a cold, lonely light that shines from you
You’ll wind up like the wreck you hide behind that mask you use

And did you think this fool could never win?
Well, look at me, I’m coming back again
I got a taste of love in a simple way
And if you need to know, while I’m still standing, you just fade away

Don’t you know I’m still standing better than I ever did?
Looking like a true survivor, feeling like a little kid
I’m still standing after all this time
Picking up the pieces of my life, without you on my mind

I’m still standing, yeah, yeah, yeah
I’m still standing, yeah, yeah, yeah

Once, I never could hope to win
You starting down the road, leaving me again
The threats you made were meant to cut me down
And if our love was just a circus, you’d be a clown by now

No, I’m still standing better than I ever did
Looking like a true survivor, feeling like a little kid
I’m still standing after all this time
Picking up the pieces of my life without you on my mind

I’m still standing, yeah, yeah, yeah
I’m still standing, yeah, yeah, yeah

Don’t you know that I’m still standing better than I ever did?
Looking like a true survivor, feeling like a little kid
I’m still standing after all this time
Picking up the pieces of my life without you on my mind

I’m still standing, yeah, yeah, yeah
I’m still standing, yeah, yeah, yeah
I’m still standing, yeah, yeah, yeah
I’m still standing, yeah, yeah, yeah

Jan 05 – Jan 11, 2023 | Weather

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¡Que Onda Magazine!

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¡Que Onda! Magazine Houston – edición 1254

Gracias por SEGUIRNOS, este artículo contiene la edición 1254 de la revista digital de HOUSTON de ¡Que Onda! Magazine.

Del 05 de enero al 11 de enero del 2023