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A controversial new law designed to curtail powers traditionally afforded home-rule cities by forcing them to abide by state regulations will not affect the City of Olney but could change the way six other cities in the 68th Texas House District operate, Rep. David Spiller said.

The Olney Hamilton Hospital stands to benefit from the planned windfarm and hydrogen plant more than expected, hospital Administrator Mike Huff told the OHH board at their June 2 meeting. “The original assessment was $281 million but it has become $600 million because of inflation and expansion of the project,” he said. Although the hydrogen plant, built by Plug Power of New York, has been delayed for several months because of supply chain problems, “all in all it’s looking great,” he said. The plant should be completed in 18 months, and annual tax revenue from the plant and Young Wind Project wind farm – estimated at about $1.5 million each – will go toward a new hospital plant within, he said.

At some point, you may have more money in your 401(k) than in any other investment. And even though your 401(k) is intended for your retirement, you may one day think you have to tap into your account early — but should you? And if you do, how should you go about it?