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From The Texas Tribune Texas leaders want voters to OK property tax revenue growth over 2.5 percent. They couldn’t get 4 percent in 2017. The leaders of both legislative chambers say they will be united this year — even if cities and counties push back — and that local officials should come to Austin with …
From KSAT By Garrett Brnger – Reporter City of ‘pretty close to about 2,000’ prepares for 3,500-home subdivision ELMENDORF, Texas – Elmendorf is a small, sleepy city on the verge of possibly multiplying its population with an enormous new subdivision. “There’s been some growth over these years, but nothing quite as dramatic as what …
Member News: New subdivision could multiply Elmendorf’s population Read More »
WASHINGTON — Today the Treasury Department and the Internal Revenue Service issued final regulations and three related pieces of guidance, implementing the new qualified business income (QBI) deduction (section 199A deduction). The new QBI deduction, created by the 2017 Tax Cuts and Jobs Act (TCJA) allows many owners of sole proprietorships, partnerships, S corporations, trusts, …
Speaker of the House Dennis Bonnen today released the committees and chairmanships for the 86th Legislature. You can see the full committee appointments here. Senate committee assignments were previously released by Lt. Governor Dan Patrick and can be found here.
Texas leaders are promising property tax relief during this year’s legislative session. It’s unlikely that will lower your taxes, but it might slow future increases. The Texas Tribune’s Ross Ramsey’s column looks at the ongoing battle over property taxes in Texas. Restrain, reform, rein in, restrict and limit are not synonyms for the word …
Analysis: Property taxes in Texas are high. Don’t expect the Legislature to change that Read More »
From the Charlotte Observer: A dozen of the largest homebuilders in Charlotte have filed a class-action lawsuit against the city of Charlotte, seeking the return of millions of dollars worth of fees for sewer and water connections they claim were unlawfully charged. The federal lawsuit was filed last week in Charlotte, and alleges the city …
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Texas House proposes massive increase for public school funding The proposed budget would increase state funds for education by about 17 percent but cut funding for health and human services by about 3 percent. The lower chamber wants to pump roughly $7 billion more state funds into public schools, the Texas Tribune’s Edgar Walters reports, …
