New Severance Tax Guidance and Sales Tax Updates Now Available We want to let you know that several important updates are now available from the Texas Comptroller’s Office: Guidelines for Taxpayer-Generated Marketing Cost Samples: This document provides Comptroller guidelines for how taxpayers may use sampling of marketing cost transactions, as defined under Texas Tax Code §§…

TTARA Welcomes Eleanor Kim as Consultant Dear TTARA Members, We are pleased to announce that Eleanor Kim has joined TTARA as a consultant, effective September 15. Eleanor brings over 32 years of state tax experience spanning both the private and public sectors. Most recently, she served as Tax Counsel with DuCharme, McMillen & Associates, Inc. for 17 years, where…

New TTARA Research Foundation Study Reveals Surprising Impact of Appraisal Cap on Texas Property Taxes We’re pleased to share the release of a new study from the TTARA Research Foundation in collaboration with Rice University’s Baker Institute for Public Policy: “The Surprising Impact of the 20% Appraisal Cap in Texas.” This comprehensive analysis examines the…

Jobs, Energy, Technology & Innovation Act Proposed Rule Amendments The Comptroller of Public Accounts has proposed amendments to several rules governing administration of the Jobs, Energy, Technology & Innovation (JETI). These changes are intended to align with the reordering of code sections introduced by H.B. 1620 (89th Legislature, Regular Session). The amendments to Rules 9.5001,…

Second Called Session – Legislature Adjourns Sine Die The Second Called Session of the 89th Texas Legislature adjourned sine die late last night, ending the session 11 days ahead of its scheduled conclusion and leaving several of Governor Abbott’s agenda items, including property tax reduction, unresolved. While over a dozen of the 25 items on the call…