TTARA Releases the Fifth Edition of “An Introduction to School Finance in Texas”  TTARA has released the fifth edition of “An Introduction to School Finance in Texas” which updates the publication for the changes made to the Texas school finance system by the 86th and 87th legislatures. The primer will be helpful to anyone interested in learning…

April 4, 2022 In this issue New TTARA Report Documents Property Tax Savings from 2019 Reforms Sirius XM Franchise Tax Decision Offers Questions as Well as Answers Senate Interim Charges Address a Number of Tax Issues Upcoming TTARA Meetings and Events New TTARA Report Documents Property Tax Savings from 2019 Reforms With appraisal notices soon…

In this issue Speaker Phelan Releases Texas House Interim Charges Reminder: 2022 Property Tax Survey Speaker Phelan Releases Texas House Interim Charges This afternoon House Speaker Dade Phelan formally issued interim work assignments to his House committees, including several for the tax-writing Ways and Means Committee. There are a number of tax-related charges the committee will address, including: Monitor…

In this issue “Pie in the Sky” Policy: Abolishing the Property Tax Appeals Court Mixes Equal and Uniform and Market Value Appeals “Pie in the Sky” Policy: Abolishing the Property Tax For many years, some have contended you can eliminate all property taxes using sales tax hikes and other mechanisms. While getting rid of the…

Last week, TTARA submitted an amicus brief to the Texas Supreme Court in support of the taxpayer’s position in CITGO v. Hegar. The case could have huge franchise tax consequences for commodities businesses, particularly those in oil and gas, that engage in any type of price hedging. The case deals with how a taxpayer should…