Texans for Fiscal Responsibility
Recent News About Texans for Fiscal Responsibility
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Bipartisan opposition to corporate welfare plan for being 'light on details,' suggests state finds tax breaks for all residents
As part of an effort to lure new business development within the state boundaries, Texas lawmakers are trying to devise a replacement for the expired Chapter 313 plan, and one potential answer has been put forth in House Bill 5 (HB 5). HB 5, though, lacks specifics, making it hard to evaluate.
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Texans for Fiscal Responsibility executive director: 'The Chapter 313 Tax Abatement Program was corporate welfare at the expense of individual Texas taxpayers'
House Bill 5, which creates a new program designed to "create jobs and to generate state and local tax revenue" through property tax agreement with businesses granted by school districts, was filed on Feb. 28 by Rep. Todd Hunter (R-TX).
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Tim Hardin: 'The "historic property tax relief" our lawmakers keep celebrating has yet to lower anyone's bills'
The Texas Legislature's passage of reforms in 2019 will not keep property taxes from rising if local governments don't lower property tax rates to the no-new-revenue rate, according to Texans for Fiscal Responsibility CEO and President Tim Hardin.