On Monday, Texas Comptroller Glenn Hegar released his long-awaited Biennial Revenue Estimate (BRE) ahead of the 88th Legislative Session, which begins today. The BRE is an estimate of the revenue that the State of Texas expects to receive through the…

When the Clock Strikes Midnight As the clock strikes midnight on Saturday, it will mark the end of Texas’ most extensive and expensive corporate welfare program, the Chapter 313 tax abatement program. It also represents an end to a huge…

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…

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…

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…

Texas lawmakers will need to find roughly $1 billion in budget cuts for the current biennium and pare down expectations for the upcoming budget after new estimates were released by the state comptroller Monday. In a livestreamed press conference, Texas…