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Representative Scott Hochberg Files School Finance Bills

New School Finance Proposals by Rep. Hochberg Representative Scott Hochberg (D-Houston) filed two school finance bills today which contrast two diametrically opposed approaches to funding schools in the current budget environment. HB 2485 would adjust current formulas downward to match the level of appropriations in the proposed budget bill—roughly $9.8 billion below current law formulas….

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TTARA Update from the Tax Front

Comptroller Releases Chapter 313 Report; TTARA 313 Conference Call Scheduled for January 4th The Comptroller has released the statutorily required biennial report (http://www.texasahead.org/tax_programs/chapter313/TEDA2010-96-1359.pdf) on compliance with Chapter 313, Tax Code, agreements to limit the taxable value of qualifying capital investments for school M&O tax purposes. In addition to presenting a number of tables showing aggregate…

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