May 22, 2015 In this issue: Final Tax Relief Package Announced Property Tax Bills of Note Sales Tax Bills of Note Transportation Funding Tax Administration Education & School Finance Bills of Note School Finance Lawsuit Register Today for TTARA’s Annual Golf Tournament on June 3rd TTARA Legislative Session Wrap-Up Webcast June 5th Final Tax Relief…

May 7, 2015 Comptroller Cautions: Court Case Catastrophe Comptroller Hegar is warning lawmakers that a recent appellate court case decision could substantially broaden the application of the “cost of goods sold” deduction and result in substantial revenue losses to the state. Under the Texas franchise tax, a combined group may claim a deduction for either…

Comptroller’s Briefing Sheet on American Multi-Cinema Inc. Court Case

Vote for Meaningful Tax Cuts: HB 31 & HB 32!

April 8, 2015 House Announces Tax Cut Plan House Ways and Means Committee Chair Dennis Bonnen today publicly outlined his tax relief proposal. The sales tax/franchise tax package will provide an overall tax cut of $4.9 billion over the next two years. The plan would: lower the rate of the state sales tax by 0.3…