March 18, 2021 In this issue The Texas Budget: From Famine to Feast Federal Relief Brings More Dollars & More Questions: Tax Cuts Off the Table? Bills of Interest 87th Legislative Session Upcoming TTARA Meetings and Webcasts The 87th regular session of the Texas Legislature is nearing the halfway point, and with spring breaks nearing an…

HB 1556 – by Murphy – Relating to the Texas Economic Development Act Extending the Chapter 313 Economic Development Program is a priority of TTARA and earlier today Representative Jim Murphy filed HB 1556, which deals with the Texas Economic Development Act. The bill contains much needed improvements to the program. A detailed summary is available on…

In this issue Research Foundation Studies Assess State Tax Administration TTARA Webcast Update February 4 TTARA Submits Amicus Brief on Property Tax Case Before Supreme Court Research Foundation Studies Assess State Tax Administration The TTARA Research Foundation today released two new reports that assess aspects of Texas’ tax administration that harm taxpayers. In “Losing Interest:…

Comptroller Hegar has shared a draft of potential agency tax legislation with his Business Advisory Committee, of which TTARA is a member. Traditionally the Comptroller may offer a number of “technical corrections” bills for the legislature to consider, but with varying degrees of importance to the agency. The draft bills are a work in progress,…

In previous emails and webcasts, we had shared changes the Comptroller proposed to make to administrative rule 3.591, concerning the apportionment of taxable margin. The proposed rule was published in the November 13 edition of the Texas Register. TTARA, a number of taxpayers, taxpayer representatives, and other associations submitted a number of comments, with particular…