January 9, 2015 In this issue: Oil, Natural Gas and the Outlook Franchise Tax Property Tax A Voucher by Any Other Name School Finance Lawsuit 2015 Meeting Dates Oil, Natural Gas and the Outlook There has been much debate at the Capitol these past weeks about the impact of the drop in oil and natural…

In this issue: Property Tax Franchise Tax Sales Tax School Finance Season’s Greetings Property Tax In at least the past two legislative sessions, the levels of state and local debt have received close scrutiny. Several bills have been filed that seek to restrict the issuance of new debt or provide more transparency with respect to…

December 5, 2014 In this issue: TTARA Dates of Interest State Fiscal Update Franchise Tax Property Tax Sales Tax Rules Tax Administration Transportation Funding School Finance TTARA Dates of Interest TTARA 2015 Legislative and Tax Committee Meeting Dates: The committees will meet on alternating Wednesdays (except for Feb. 26th and May 8th meetings) in Austin…

In this issue: Pre-Filing for 84th Legislative Session Begins. TTARA Webcast Update December 5th On Monday, newly elected (and re-elected) lawmakers began pre-filing bills for consideration in the upcoming 84th legislative session. Representatives and Senators had filed a total of 443 bills and joint resolutions—a huge number in a short period of time. Type of…

Significant Prop 2 Exemption Developments At its meeting last Thursday to review the proposed Prop 2 rules changes published by the TCEQ in the March 14 Texas Register at page 1823 (Link), the TCEQ Tax Relief for Pollution Control Property Advisory Committee had a spirited and productive discussion focusing on the “marketable product” deduction in…