Today, Texas House Speaker Dade Phelan announced House committee assignments for the 88th legislature. The Ways and Means Committee is particularly important to TTARA as it oversees all state and local tax legislation. Morgan Meyer (R–Highland Park) returns as chair of the Ways and Means Committee, as well as Shawn Thierry (D–Houston) as Vice-Chair. Seniority…

TTARA Releases Budget Assessment With the introduction of the House and Senate general appropriations acts, Senate Bill 1 and House Bill 1, and the previous release of Comptroller Hegar’s biennial revenue estimate, the money situation for the 88th Legislature has become clear and lawmakers are sitting on a record mountain of money, as detailed in…

The lack of a personal income tax makes Texas an attractive place to live and do business for many reasons. It saves the average family of three close to $4,000 a year. Owners of Small businesses can reinvest their individual tax savings and help their businesses grow. For larger businesses, Texas is an attractive headquarters…

With the authority of school districts to offer temporary incentives on certain new investments coming to an end later this month (Tax Code Chapter 313), the Comptroller has processed a record of approximately 300 applications in 2022. Unfortunately, roughly 100 other applicants have been or are being notified that the agency will be unable to…

2023 TTARA Legislative and Tax Policy Group Meetings 88th Texas Legislative Session Throughout the 88th Legislative Session which convenes on January 10, 2023, we will once again hold legislative and tax policy group meetings for TTARA members only (no registration fee required). During the legislative meetings, we will review and discuss the list of bills…