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With only a few days left of the ongoing 88th Legislative Session, state lawmakers have presented a Conference Committee Report for House Bill 1 that represents perhaps the largest increase in spending in Texas history; it is certainly the biggest since 2003. Voting...
Taxpayers have a lot to be thankful for what seems to be a compromise between the House and Senate with the latest version of Senate Bill 3. As passed by the House, this bill includes $12 billion for a 15-cent compression of the school M&O portion of the property...
On Thursday, the Texas House of Representatives considered House Bill 5 (HB 5), or what was dubbed the "Texas Jobs and Security Act" by both the legislation's author, Republican State Rep. Todd Hunter (Corpus Christi), and Texas House Speaker Dade Phelan (R-Beaumont)....
Executive Summary A lot of people know about Texas’ $32.7 billion budget surplus. What most don’t know is that the Texas Legislature has $78.4 billion more in state funds to spend this year than it spent in 2021 and that the Texas Legislature is on track to spend most...
The 88th Legislative Session is now halfway complete, and legislation seeking to provide property tax relief is starting to move through the legislative process. Both chambers have provided some compression of school district maintenance and operations (M&O)...
Texans for Fiscal Responsibility (TFR) recently published a new report revealing the abysmal numbers related to property tax levies released by the Texas comptroller's office. The major takeaway? The Texas Legislature continues to trumpet their "historic tax reform"...