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Déjà vu All Over Again: Local Sales Tax Sourcing Rule; Senate Local Government Committee Focuses on Property Tax

Déjà vu All Over Again: Local Sales Tax Sourcing Rule The Comptroller has resubmitted their local sales tax sourcing rule §3.334, changing the method of sourcing Internet sales for local sales tax purposes from origin to destination. The agency has done this in response to a recent Travis County District Court ruling on litigation filed…

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Chapter 380/381 Agreements at Risk in AG Opinion Request

TTARA, in partnership with the Texas Association of Manufacturers and the Texas Oil and Gas Association, has submitted a brief on AG opinion request RQ-0468-KP that could invalidate a certain type of local economic development agreements. Chapter 380 and 381 of the Local Government Code provide broad latitude to cities and counties to use public money to enter into…

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Comptroller Releases Updated Certification Revenue Estimate (CRE)

Comptroller Glenn Hegar today released his widely anticipated update to the Certification Revenue Estimate (CRE) for the current state budget. He now estimates that legislators will have a record-breaking $27 billion in surplus revenue available in the upcoming legislative session, an increase of $15 billion over last November’s forecast. The increase is largely attributed to…

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