Do Not Let Texas Lawmakers Plunder Our Money
Last week, Texas Comptroller Glenn Hegar announced an updated revenue estimate, which increased our continually growing budget surplus by nearly $14 billion. Yes, you heard that right $14 billion more! This raised the previous estimate from roughly $13 billion to a...
Texas Comptroller Glenn Hegar Announces Historic Surplus in Updated Estimate
Thursday, Texas Comptroller Glenn Hegar released his updated revenue estimate for the state of Texas. Previously the surplus estimate coming off of the most recent legislative session was around $8 billion. This estimate was updated in November of 2021 to be closer to...
Texas Comptroller To Announce New Revenue Increase On Thursday
Tuesday, the House Appropriations Committee held its first interim hearing to consider some of their assigned interim charges involving the state budget. Among the invited testimony was that of Texas Comptroller Glenn Hegar, who came to give a general update to...
Texas GOP Platform Includes Texas Prosperity Plan
Wednesday, the Republican Party of Texas released its 2022 Platform as approved by delegates to its State Convention in mid-June. Among the 274 ‘planks’ or policy positions were all three of the items set forth in Texans for Fiscal Responsibility’s (TFR) Texas...
Explainer: What Is Taxpayer-Funded Lobbying?
Recently Texans for Fiscal Responsibility (TFR) released its Texas Prosperity Plan focusing on policy goals for the upcoming Texas legislative session set to begin in January of 2023. The plan focuses on three specific issues to reform: 1) Eliminating Property Taxes...
Explainer: What is the “No New Revenue Rate”?
In a year that has resulted in crushing property tax burdens for the majority of Texans, Texans for Fiscal Responsibility (TFR) has set its sights on giving as much transparency to the property tax process in Texas as possible. Most Texas taxpayers have already...
One Texan’s Exemption is Another Texan’s Increased Burden
A reprieve from taxes, however significant, is always welcome news for Texas taxpayers, well… at least for the ones that directly benefit from that reprieve. At a recent Senate Finance Committee hearing, State Sen. Charles Schwertner (R-Georgetown) inquired about the...
Texas GOP Announces Legislative Priorities for Next Two Years
Wednesday, the Republican Party of Texas announced the final list of 8 legislative priorities, approved by delegates to the state convention which took place last week. This announcement is notable for several reasons, chief among them being that the state legislature...
Abbott Signals Property Tax Cuts, What About Elimination?
In an interview with The Texan, Texas Comptroller Glenn Hegar indicated that it is possible Texas will have an estimated $30 billion account balance when the Texas Legislature reconvenes in January of 2023. In March, we reported that it was estimated to be near $25...