TTARA Update from the Tax Front
School Finance: Tick, Tick, Tick… The school finance trial has recessed until Monday, January 7, 2013, when the state will continue with its witnesses. Thus far, most of the state’s expert witnesses have testified that more revenue does not necessarily result in better performance from students and/or that adequacy of funding cannot be measured accurately….
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This update is available here.
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TTARA Fall Webcast: Friday, November 9 at 9:30 a.m. Mark your calendars for TTARA’s next webcast updating recent developments on the tax and fiscal front—Friday morning, November 9 at 9:30 a.m. In less than an hour, we’ll bring you up to date on all the latest facts, rumors, and speculation. If you have a specific…
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School Finance Trial Begins The largest school finance trial in the state’s history began on Monday in the 250th District Courtroom of Travis County Judge John Dietz. Four different groups of plaintiff school districts, as well as the “Efficiency Intervenors” (Texans for Real Efficiency and Equity in Education and Texas Association of Business) and Charter…
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Supreme Court Again Upholds Franchise Tax in Nestle II Nestle USA challenged the constitutionality of the franchise tax by alleging that it violates the Texas Constitution’s equal and uniform taxation requirement as well as the U.S. Constitution’s equal protection, due process guarantees and its commerce clause. In a 7-2 opinion by Justice Hecht, the Court…
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