by Andrew McVeigh | Jun 27, 2023 | 88th TXLege, News
Just three days after House Speaker Dade Phelan (R-Beaumont) formed a new Select Study Committee on Sustainable Property Tax Relief in the Texas House, Chairman Dustin Burrows (R-Lubbock) sent a letter to the committee’s chairman, Morgan Meyer (R-Dallas), proposing a...
by Bill Peacock | Jun 26, 2023 | 88th TXLege, News, Research
Executive Summary The Texas Legislature is in the midst of a 20-year spending spree. Since 2003, the appropriation of state funds per legislative session has increased from $76.2 billion to $233 billion. Remarkably, 44% of that growth happened in 2023 alone. Of the...
by TFR Staff | Jun 14, 2023 | Explainers, Media, News
Introduction As the debate about the superior property tax relief package continues, many would imagine the most common question that TFR gets is whether we support tax compression or increasing the homestead exemption. Although that is a safe assumption, that is not...
by Jeramy Kitchen | Jun 8, 2023 | 88th TXLege, News
On Wednesday, Texas Governor Greg Abbott signed legislation purporting to be a “new” economic development tool into law. Despite its similarities to the now-ended Chapter 313 tax abatement program, its supporters insist this new program is a more...
by Jeramy Kitchen | Jun 6, 2023 | 88th TXLege, News
The 88th Texas Legislative Session has come and gone. State lawmakers were faced with a historic budget surplus (over-collected taxpayer dollars) and a historic opportunity to provide Texas taxpayers with much-needed tax relief and a promise for future prosperity....