Texas cities and counties already face limits on how much revenue they can generate. Local leaders have warned that further restrictions would mean fewer services like parks and libraries.
Economy
Get the latest on jobs, business, growth, and policy shaping the state’s economy with in-depth reporting from The Texas Tribune.
Texas’ plan to stop a parasitic fly from destroying its cattle population is far from complete
Texas lawmakers heard conflicting reports on the state’s readiness to fight the New World Screwworm, which is approaching the southern border.
Lt. Gov. Dan Patrick wants to increase the homestead exemption for school property taxes again
The lieutenant governor also doubled down on his stance that property taxes can’t be totally eliminated, putting him at odds with Gov. Greg Abbott.
Gov. Greg Abbott has a sweeping plan to abolish Texas’ school property taxes. Would it work?
The governor must first win over lawmakers who have rejected similar proposals. The state may have to backfill more than $17 billion for school funding alone.
State Sen. Sarah Eckhardt announces run for comptroller, dropping congressional bid
The Austin Democrat said she wants to tackle waste and fraud as a watchdog over the state budget. She will retain her Senate seat if she loses.
Texas launches cryptocurrency reserve with $5 million investment
Lawmakers created a state Strategic Bitcoin Reserve earlier this year and dedicated $10 million to investing in cryptocurrency.
Women, minority small business owners confused, worried after Texas kicks them off HUB program
The decision to limit certification to companies owned by disabled veterans will shrink the Historically Underutilized Business program from more than 15,000 to 485 participants — all men.
Running water will finally reach West Odessa thanks to $17 million from state lawmakers
The Legislature approved $600 million for standalone water improvements, a dramatic increase over prior years.
Lt. Gov. Dan Patrick proposes giving Texas newborns $1,000 each
Patrick’s proposal would be in addition to a federal program that is set to give American babies $1,000 each to invest in the stock market.
Michael and Susan Dell donate $6.25 billion to encourage families to claim “Trump Accounts”
The Texas billionaires want to incentivize parents to claim investment accounts created under President Donald Trump’s tax and spending legislation.

