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Testimony on W&M Interim Charges; Comments on Draft Franchise Tax Rule on Apportionment; Court of Appeals Tax Administration Ruling

In this issue Testimony to House Ways and Means Committee on Interim Charges Comments on Comptroller’s Draft Franchise Tax Rule on Apportionment Court of Appeals Tax Administration Ruling TTARA Testimony to House Ways and Means Committee on Interim Charges The House Ways and Means Committee, like all legislative committees during the pandemic, is in the…

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House Ways & Means Committee Seeks Input on Interim Charges; PTAAB 3rd Quarter Meeting Info; TTARA 2020 Golf Tournament Canceled

In this issue House Ways and Means Committee Seeks Input on Interim Charges Property Tax Administration Advisory Board 3rd Quarter Meeting TTARA 2020 Golf Tournament Canceled House Ways and Means Committee Seeks Input on Interim Charges In lieu of extensive in-person hearings, Speaker Bonnen has outlined a number of ways in which House committees may…

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State Comptroller Glenn Hegar Provides Revised Revenue Outlook

State Comptroller Glenn Hegar offered a sobering reassessment of the state’s fiscal condition in light of the challenges Texas faces with the COVID pandemic – a net $7.5 billion turn for the worse, with the state’s current budget now $4.6 billion in the red. Overall, he reduced his state revenue projection by $14.7 billion, of…

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