In this issue Legislative Session Update Bills of Interest by Policy Area Upcoming TTARA Meetings and Webcasts Session Nearing an End The 87th Regular Session of the Texas legislature ends on May 31. In these final days of the session, a number of deadlines come into play. House deadlines essentially control for now, as Senate deadlines…

Agenda (The slides are available for download by clicking on the red “PowerPoint” button above) 1.Dates of Interest 2.Budget and Fiscal 3.Key Topics of the Session 4.Franchise Tax 5.Economic Development 6.Property Tax 7.Sales Tax 8.Tax Administration 9.Other Tax Bills 10.Public Education & School Finance

The Comptroller this morning published two proposed rules on research and development in the Texas Register: 3.340, sales tax, and 3.599, franchise tax. This triggers a 30-day period in which formal comments may be submitted to the agency. TTARA had previously shared draft versions of these rules and submitted informal comment. The rules deal with…