We have two 86th Legislative Wrap-Up Sessions planned—providing continuing education credit through IPT, the State Board of Public Accountancy, and the State Bar. On June 5th, starting at 10:00 a.m., we’re going to conduct an informative, interactive, and entertaining two hour session in Austin in which we review the key bills of the session through a…

With the House deadline for passing bills now before us, there are ten bills still alive that would impact Texans broadly that TTARA is following: Good Bills Yet to Pass HB 1: State Budget for 2020-21. The bill is one of only two bills that absolutely, positively must pass this session (the other is the supplemental…

Senate Passes School Finance Bill The Senate last night passed its version of HB 3, the school finance bill overhauling the school finance formulas, 26-2-3. The bill implements most of the recommendations of the School Finance Commission which met every month during 2018 and took expert testimony on the recommendations. The Senate de-coupled the bill from a…

In this Issue House Passes Senate Bill 2 (Property Tax Reform Bill) Senate Education Committee Votes Out School Finance Bill House Passes Senate Bill 2 (Property Tax Reform Bill) After a seven-hour debate, the House substitute for SB 2 passed the House of Representatives on second reading on Tuesday with a vote of 107—40 ( see…

In this Issue Ways and Means Advances Problematic Version of SB 2 Senate Lays Out School Finance Bill House Ways and Means Committee Advances Problematic Version of Senate Bill 2 Senate Bill 2 is the omnibus property tax bill that: Limits the amount of property taxes jurisdictions may raise, Creates a “real time” tax notice…