Texas House and Senate File Identical Bills for Property Tax Reform
Property Tax Reform Bills Introduced This morning, Governor Abbott, Lt. Governor Patrick, House Speaker Bonnen, and Committee Chairmen Senator Paul Bettencourt and Representative Dustin Burrows held a press conference to announce the filings of identical property tax reform bills— HB 2 by Burrows and SB 2 by Bettencourt. The bills include many, but not all, of the elements…
Read MoreSpeaker Bonnen Announces House Committee Assignments; Bills of Interest; Upcoming Meetings
In this Issue Speaker Bonnen Announces Committee Assignments Bills of Interest: Property Tax, School Finance, Sales Tax and Franchise Tax Upcoming TTARA Meetings Speaker Bonnen Announces House Committee Assignments The Ways and Means Committee is particularly important to TTARA as it oversees all state and local tax legislation. Dustin Burrows (R – Lubbock) is the…
Read MoreState Revenue Outlook: A Little Sunshine Peeks Through the Clouds
State Comptroller Glenn Hegar today presented lawmakers with his official revenue forecast for the 2020-21 Biennium. Though there are many ways the numbers may be calculated, lawmakers should have roughly $6 billion in new revenue to write the next state budget after paying off bills from 2019. That’s a little better than many expected—perhaps enough…
Read MoreTexas Commission on Public School Finance Adopts Final Report
The Texas Commission on Public School Finance met today and unanimously adopted its report via a vote of 13-0 . Commission members have until close of business tomorrow to submit individual comments about the report. Once the report has been officially published, it will be presented to the Governor, Senate, and House for their consideration. The recommendations included the repeal…
Read MoreBills of Interest 86th Legislative Session; 2019 Meeting Dates
December 18, 2018 In this issue Bills of Interest – 86th Legislative Session Save the Dates for TTARA 2019 Meetings and Events Happy Holidays from the TTARA Team Bills of Interest Property Tax Forty-six bills related to property tax have been filed to date. Three of them extend the expiration date to 2029 for Tax…
Read More