The House Ways & Means Committee is considering several bills that have the same mission: to make permanent the franchise tax exemption for businesses that report $1 million or less in gross revenue.
Economy
Get the latest on jobs, business, growth, and policy shaping the state’s economy with in-depth reporting from The Texas Tribune.
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Economy
Is an Incomplete Budget Better Than a Shrunken One?
There’s a widely held belief around the Capitol that lawmakers balanced a troublesome budget in 2003 with a convenient underestimation of how many people would need to be served. So why not do that on purpose, and out in the open?
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Economy
Word Cloud: House Budget Debate
Data don’t lie: Amendments dominated the House floor last Friday as Representatives debated the budget bill. A visualization of the House transcript reveals “amendment” was the most used word.
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Criminal Justice
The Week in Texas Politics Recap: Apr. 4 to Apr. 8
No time to follow every twist and turn of the Texas Legislature? We’ve made it easier for you with our weekly recaps of the action under the dome.
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Economy
When Cutting the Budget Actually Costs Money
Cutting the budget can be expensive. Something that appears to save money can, on further inspection, cost more. Family planning, for instance.
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Economy
It’s Senate vs. Austerity in Fight Over Budget
The betting game has already begun on whether the budget battle between a more moderate Senate and a far stingier House will lead to a standoff — and a special session in the summer. The two budget committee chairmen refuse to say whether one body may have more sway than the other in the final outcome.
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Economy
Senate List of $5.5 Billion in Revenue Proposals Leaked
Texas senators scratching for new state revenue canceled a meeting to talk about their options today, but a copy of their list got loose — and it includes $5.5 billion in taxes, fees, asset sales and accounting tricks that could be used to ease their budget problems.
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Economy
Video: Senate Signals Big Changes In Store For HB 1
The Texas House sent its budget blueprint to the Senate this week. But many senators say those cuts are too deep, and they’re ready to make some drastic changes.
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Economy
Unexpectedly, a Lawmaker Finds Extra Money For Schools
A Texas lawmaker said the magic words Thursday morning to a panel of exhausted and nearly hopeless state budget writers: he has found a “new revenue source without raising taxes.”
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Economy
Dueling Rallies: Cut Spending or Save Programs?
Texans on all sides of the budget equation rallied at the Capitol Wednesday for vastly different priorities.
