by TFR Staff | May 8, 2025 | 89th TXLege, Texe Lege
When the Texas House and Texas Senate vote on whether to approve the final versions of House Bill 500 and Senate Bill 1, Figure 1 shows that they will be voting on whether to approve more than $53 billion in new spending of state funds. Figure 1: New State Funds...
by TFR Staff | May 7, 2025 | 89th TXLege, Texe Lege
Once hailed as a national model for fiscal responsibility and economic freedom, Texas now appears to be drifting dangerously close to California’s big-government playbook. The recently proposed 2026–27 Texas state budget sends a clear signal: the Lone Star State is at...
by TFR Staff | May 6, 2025 | 89th TXLege, Texe Lege
Since 2019, including what is proposed this session, the Texas Legislature has increased spending on public schools by about $23 billion in the name of property tax relief. It has done little to help Texans; during that period, Figure 1 shows that property tax revenue...
by TFR Staff | Dec 5, 2024 | Texe Lege
As the 89th legislative session quickly approaches following tremendous GOP gains in the 2024 election, Republicans in the Texas State House are divided over leadership. An impending vote this weekend for House Speaker looms like a dark cloud over the capital,...
by Vance Ginn | Nov 19, 2024 | Explainers
States across the country are rethinking tax reform to stay competitive for residents and businesses. Many are exploring ways to phase out personal income, business franchise, and property taxes to attract workers, foster economic growth, and ensure property rights....