State Revenue Numbers Surging: Tax Cuts in the Cards?
Legislators convened today in a special session called by Governor Abbott to address a number of issues TTARA outlined in yesterday’s email. Lawmakers were initially expected to address a sequential list of hot-button political issues, but the state’s improving fiscal situation has enabled the Governor to include property tax relief on the agenda, along with…
Read MoreGovernor Abbott Announces Special Session Agenda
Governor Greg Abbott has issued the proclamation outlining issues to be addressed during the first called special session of the 87th Legislature which begins tomorrow morning at 10:00 am. Issues in the proclamation are: Legislation reforming the bail system in Texas to protect the public from accused criminals who may be released on bail. Legislation…
Read MoreComptroller Public Hearing on R&D Rules; Best Buy amicus Joinder
In this issue Comptroller Public Hearing on R&D Rules Best Buy amicus Joinder The Comptroller’s office held a public hearing this morning on their proposed research and development rules: 3.340 – Qualified Research (sales tax), and 3.599 – Margin: Research and Development Activities The hearing was in response to a request by the Associated General…
Read MoreTTARA Session Reports Now Available; Special Session Set for July 8; Upcoming Meetings & Events
In this issue TTARA Session Reports Now Available Special Session Set for July 8 TTARA State Tax Meeting Set for October 6 Other Upcoming Meetings & Events TTARA Session Reports Now Available At the end of each regular session, TTARA publishes three publications that summarize 1) tax and fiscal legislation, 2) school finance, and…
Read MoreWrap-Up for the 87th Legislature Tax and Fiscal Policy
By all accounts, it was to be a modestly productive legislative session. When lawmakers convened in January, Texas and the nation were in the grips of a horrendous pandemic that would ultimately take the lives of well over half a million Americans.
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