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…

  The PowerPoint presentation can be downloaded by clicking the red “PowerPoint Presentation” button above. Agenda: 1.Dates of Interest 2.Revenue and Budget Update 3.Public Education and School Finance 4.Property Tax 5.Sales Tax 6.Franchise Tax