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THE LATEST FISCAL NEWS

Dive into updates that matter to your family’s wallet. Read about state budget updates, property tax reforms, and efforts to cut government waste.

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TFR Vote Alerts (Texas Budget)

TFR Vote Alerts (Texas Budget)

On April 22nd the Texas House is set to debate 240 amendments to the state budget. Below are TFR's vote recommendations for the Fiscal Responsibility Index. [table id=4 /]

Devil in the Details: Senate Bill 6 Jeopardizes Texans

Devil in the Details: Senate Bill 6 Jeopardizes Texans

Quickly moving through the Texas Senate is a bill sold as a measure to protect businesses and healthcare providers from liability during the Chinese Coronavirus pandemic, but if implemented would likely accomplish the inverse of what is intended. Authored by State...

TFR Statement on Senate Passage of SB 1

TFR Statement on Senate Passage of SB 1

Following the unanimous passage of Senate Bill 1, the state budget, in the Texas Senate, Texans for Fiscal Responsibility president Cary Cheshire issued the following statement: "The Texas Senate’s budget provides only a modest increase in total state spending below...

Abolish the Hotel Occupancy Tax

Abolish the Hotel Occupancy Tax

A lesser-known handout from taxpayers to private entities are local Hotel Occupancy Taxes, which are collected and allocated for the promotion of “tourism and the convention and hotel industry.” Cities may levy up to a seven percent tax on hotel bills, but not...

TFR Statement on Senate Passage of SB 1

Implement Zero-Based Budgeting

As conservatives know, government is an inherently greedy beast. It seizes every opportunity to grow and, in the words of Democrat Rahm Emanuel, it “never lets a good crisis go to waste.” However, in combating the natural trend of bureaucracy to expand, conservatives...

House State Affairs Questions Legality of HB 3

House State Affairs Questions Legality of HB 3

Perhaps the most hotly debated bill of the session thus far is House Bill 3, a proposal by State Rep. Dustin Burrows (R-Lubbock) to expand the executive authority of the governor during a pandemic. In a hearing over the legislation in the House Committee on State...

Hughes Grills Big Tech on Censorship

Hughes Grills Big Tech on Censorship

On Monday, State Sen. Bryan Hughes (R-Mineola), laid out Senate Bill 12 before the Senate State Affairs Committee which he chairs.  Authored by Hughes and several other Senate Republicans, SB 12 seeks to prevent tech from censoring conservatives in Texas. Hughes gave...

Repeal the Business Personal Property Tax

Repeal the Business Personal Property Tax

State lawmakers should repeal the property tax levied on business personal property and inventory. Only eleven states other than Texas levy such a tax. Texas’ onerous property tax system requires that businesses pay taxes on both the land it occupies and its...