Dark Store and Property Tax Reform Update; Status Update on two Problematic Sales Tax Bills
May 5, 2017 In this issue: Dark Store Update: HB 27 Property Tax Reform Update Status Update on two Problematic Sales Tax Bills Webcast Update May 11 Register Today for our End of Session Golf Tournament on June 5 Dark Store Update HB 27 by Rep. Drew Springer, known as the “dark store”…
Read MoreTexas Supreme Court Issues Opinion in ETC Marketing, Ltd. v. HCAD
April 28, 2017 In this issue: Texas Supreme Court Issues Opinion in ETC Marketing, Ltd. v. HCAD House Passes Franchise Tax Phase-Out Bill Senate Remote Sellers Sales Tax Bill Advances Houston ISD Recapture Vote on May 6, 2017 Upcoming Meetings & Webcasts Register Today for our End of Session Golf Tournament on June 5 (PDF…
Read MoreWays and Means Passes Out New Version of the “Dark Stores” Appraisal Bill
April 20, 2017 Ways and Means Passes Out New Version of the “Dark Stores” Appraisal Bill The House Committee on Ways and Means met today and passed out a revised version of HB 27, the “dark stores” bill. This bill addresses an appraisal theory that uses vacant buildings as a comparison property used to determine…
Read MoreComparing the Senate and House Budget Plans
April 6, 2017 Comparing the Senate and House Budget Plans With the House currently working through the afternoon and probably well into the night on their version of the state budget, some assessment of how the House and Senate versions compare is in order. At session start, the House and Senate general revenue budgets as…
Read MoreProperty Poor Districts File Suit on Commissioner’s Recapture Rule
Property Poor Districts File Suit on Commissioner’s Recapture Rule Yesterday, attorneys for La Feria ISD and Joaquin ISD filed a petition in Travis County District Court to stop Commissioner of Education Mike Morath from recognizing 50% of optional homestead exemption value when TEA calculates the taxable property wealth level of school districts for recapture purposes….
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