The Texas Enterprise Fund took a hit for lack of transparency in a new research paper from the National Freedom of Information Coalition.

The paper by journalist Steve Miller is titled “Invisible Incentives: How Secrecy Impedes Evaluation and Accountability of Economic Development Subsidies.” Part of the paper spotlights the Texas Enterprise Fund, which the Legislature created in 2003 to provide taxpayer money to companies in exchange for the promise of jobs.

“But in numerous cas...