TTARA Upcoming Meetings & Events Legislative and State Tax Joint Meeting May 8th The TTARA Legislative and State Tax committees will jointly meet on Wednesday, May 8th, from 9:00 a.m. to 10:00 a.m. The meeting will be in the 3rd Floor Auditorium of the Wells Fargo Bank Building at 400 West 15th Street, in Austin….

In this issue: Ways & Means Hearing Other Key Issues & Bills TTARA Committee Meeting Webcast Golf Tournament Tomorrow’s Ways & Means Hearing We will take action relative to several bills included on the agenda for Saturday morning’s hearing in Ways & Means. Oppose: Chairman Hilderbran announced from the House floor a hearing for tomorrow…

In this issue: Property Tax Franchise Tax Sales Tax Research & Development Ways & Means Agenda Events Where the Tax Things Are When the gavel drops and brings a close to today’s legislative activity, there will be four full weeks left for lawmakers to finish the work of the 83rd Legislature. Next week is the last…

In this issue: THE Franchise Tax Bill to Watch: HB 500 HB 5, SB 2, SB 23: Education Reform Bills Moving TTARA Opposes Three Year Appraisal Cycle; Appraisal Caps Next Up Other TTARA Testimony this Week – For and Against School Tax Limitation (Chapter 313) Bill Advances Franchise Tax Audits Awaiting Further Guidance THE Franchise…

Governor Perry Offers Franchise Tax Relief Initiative Governor Perry this afternoon will unveil a four point plan to provide franchise tax relief: Reduction in current rates by 5%–reducing the 1 percent tax rate to 0.95 percent and the half percent tax rate on wholesalers and retailers to 0.475%.This will result in a savings to taxpayers…