Agenda 1.Dates of Interest 2.Fiscal Update 3.Public Education & School Finance 4.Property Tax 5.Sales Tax 6.Tax Administration 7.Economic Development 8.Franchise Tax 9.Other Bills of Note

Pre-Filing for 87th Texas Legislative Session Has Begun With the general election over, legislators have begun filing bills for consideration by the 87th Legislature, which will convene on January 12, 2021. As of this email, 803 bills have been filed, representing an interesting mix of legislative priorities, including a number dealing with state and local taxes. The…

In this issue Comptroller Draft Rules on Research and Development TTARA Files Amicus Brief in El Paso Electric Tax Case Reminder: House Ways and Means Committee Seeks Input on SB 2 Implementation Register Today for the 2020 TTARA Virtual Annual Meeting on December 8 & 9 Comptroller Draft Rules on Research and Development As a…

In this issue Testimony to House Ways and Means Committee on Interim Charges Comments on Comptroller’s Draft Franchise Tax Rule on Apportionment Court of Appeals Tax Administration Ruling TTARA Testimony to House Ways and Means Committee on Interim Charges The House Ways and Means Committee, like all legislative committees during the pandemic, is in the…

In 2006, Texas lawmakers faced a mandatory order from the courts to revamp our system of school finance coupled with growing concerns about the stability of the franchise tax as a source of state revenue. A number of alternatives to the franchise tax were considered and discarded, leaving then-Governor Perry to tap former state comptroller…