State Budget

Statements

TFR Statement on Conference Committee Report for HB 1 – General Appropriations Act

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…

Podcast - Taxpayer Talks

Episode 19: Will They Get to Property Tax Relief in Time?

Episode Description πŸ’° In this episode of π—§π—”π—«π—£π—”π—¬π—˜π—₯ π—§π—”π—Ÿπ—žπ—¦, we discuss what still has the potential to get done before imminent key deadlines in the near-ended Texas 88th Legislative Session. Will Texas taxpayers get tangible property tax relief? Will we…

Podcast - The Week Ahead

Episode 14: Legislative Session Ending Soon, What is Still Moving?

Episode Description πŸ’° In our fourteenth episode of π—§π—›π—˜ π—ͺπ—˜π—˜π—ž π—”π—›π—˜π—”π——, we discuss the impending deadlines in both legislative chambers as we enter the final full week of the ongoing 88th Legislative Session and what they mean for things like…

Statements

TFR Statement On SB3 – Property Tax Relief

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…

Research

What Happened to the Texas Budget Surplus?

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…

Podcast - Taxpayer Talks

Episode 14: The Legislative Clock Starts Ticking on Priorities

Episode Description πŸ’° In this episode of π—§π—”π—«π—£π—”π—¬π—˜π—₯ π—§π—”π—Ÿπ—žπ—¦, we discuss what the ongoing Texas legislative session looks like now that we are 100 days into the 140-day session. We specifically talk about things like property tax relief efforts, corporate…

News88th TXLege

Senate Considers State Budget Proposal

On Monday, the Texas Senate considered House Bill 1, or the General Appropriations Act (GAA) for the next biennium (fiscal years 2024 and 2025). The legislation represents the proposed state budget, the only item that lawmakers are constitutionally bound to…

Research

Texas Senate Budget Exceeds Frozen Texas Budget

An Overview Texas Senate Budget Substantially Increases Appropriations Table 1 shows the amount by which the Texas Senate proposes to increase appropriations compared with what was appropriated for the 2022-23 budget. While the Legislative Budget Board shows a comparison of…

News88th TXLege

House Considers State Budget Proposal

On Thursday of last week, the Texas House of Representatives considered House Bill 1, or the General Appropriations Act (GAA) for the next biennium, fiscal years 2024 and 2025. The legislation represents the proposed state budget, the only item that…

Podcast - The Week Ahead

Episode 8: Preparing for Budget Deliberations

Episode Description Β πŸ’° In our eighth episode of π—§π—›π—˜ π—ͺπ—˜π—˜π—ž π—”π—›π—˜π—”π——, we are joined by special guest Vance Ginn, Ph.D. and discuss the state budget proposal ahead of its deliberation by the full Texas House of Representatives on Thursday. We…

Research

Texas House Budget Above Frozen Texas Budget

An Overview Texas House Budget Substantially Increases Appropriations Table 1 shows the amount by which the Texas House proposes to increase appropriations compared to what was appropriated for the 2022-23 budget. While the Legislative Budget Board shows a comparison of…

Podcast - Taxpayer Talks

Episode 12: Texas House Budget “Debate” Incoming, Taxpayers Beware

Episode Description πŸ’° In this episode of π—§π—”π—«π—£π—”π—¬π—˜π—₯ π—§π—”π—Ÿπ—žπ—¦, we discuss the upcoming state budget “debate” to take place in the Texas House of Representatives and why it is more like orchestrated political theatre than a heartfelt debate among lawmakers….

Podcast - The Week Ahead

Episode 7: State Budget Proposal on the Move

Episode Description πŸ’° In our seventh episode of π—§π—›π—˜ π—ͺπ—˜π—˜π—ž π—”π—›π—˜π—”π——, we are joined by special guest Michael Quinn Sullivan, Publisher at Texas Scorecard and discuss the state budget proposal that is moving through the Texas legislative process as well…

Commentary

Are Lawmakers Going to Give Us ‘The Biggest Property Tax Cut in Texas History’?

If you have been paying attention to all of the noise surrounding property tax relief this session, you have probably heard the phrase, “We are going to give Texans the biggest property tax cut in history!” This was most recently…

Research

The Frozen Texas Budget Path to Eliminating Property Taxes

An Overview Texans for Fiscal Responsibility’s 3-Step Plan to Eliminate All Property Taxes While Texas has done a better job at keeping spending and taxes lower than many other states, thereby supporting a more robust business tax climate and more…