The Supreme Court today issued its opinion in Kinder Morgan v. Scurry County (No. 19-1122). Scurry County, joined by other taxing units in the county, asserted that Kinder Morgan’s properties had been “omitted” from the tax roll because of an alleged fraudulent undervaluation. The Appraisal Review Board ruled against the taxing units who then sought…

The Comptroller this morning published two proposed rules on research and development in the Texas Register: 3.340, sales tax, and 3.599, franchise tax. This triggers a 30-day period in which formal comments may be submitted to the agency. TTARA had previously shared draft versions of these rules and submitted informal comment. The rules deal with…

In this issue Bills of Interest 87th Legislative Session Upcoming TTARA Meetings and Webcasts After an unprecedented slow start, the pace of the 87th session of the Texas Legislature has picked up dramatically. The Senate has passed its budget bill, SB 1 by Nelson (R-Flower Mound), and the House will debate its version next Thursday…

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…