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Texans for Fiscal Responsibility Profile picture
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Mar 15 • 5 tweets • 4 min read
(🧵1/5) No one can have an honest conversation about #propertytax relief without also talking about reducing spending. Texas collectively does not have a revenue problem, it has a spending problem. #txlege lawmakers should consider curtailing local government spending
(🧵2/5) #txlege lawmakers should support #HB2258 by State Rep @BriscoeCain which would impose a spending cap on counties/cities based on population & #inflation, just like the new spending cap on the state level.
(🧵3/5) #txlege lawmakers should support #HB2220 by State Rep. @brianeharrison which would lower the voter-approval tax rate to that of the No-New-Revenue tax rate, meaning if local govs. want to raise taxes even one cent, they should go to the voters.
(🧵4/5) #txlege lawmakers should support #HB4479 by State Rep. @CarrieIsaac which would freeze ISD M&O #propertytax until compressed to zero
(🧵5/5) All of the above legislation are #txlege priorities of Texans for Fiscal Responsibility and would aid in providing TRUE #propertytax relief & prosperity for Texans. Find out more here ⤵️
texastaxpayers.com/88th-txlege/le…

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More from @Texas_Taxpayers

Texans for Fiscal Responsibility Profile picture
Mar 13
(🧵1/4) 🚨#txlege House Ways & Means Committee convening now where among several items they will be deliberating #HB2 or the #PropertyTax "Relief" Act, a priority of House Leadership. You can tune in here ⤵️
house.texas.gov/video-audio/
(🧵2/4) #HB2 aims to cut appraisal caps from 10% to 5% & give #propertytax relief through school M&O compression (which we support). We think more compression & adding a path to eliminating the tax altogether is not only possible but necessary for Texas Taxpayers! #txlege
(🧵3/4) For more on how all of the above can be done this #txlege session ⤵️
texastaxpayers.com/the-frozen-tex…
Read 4 tweets
Texans for Fiscal Responsibility Profile picture
Jan 11
🧵#txlege House now considering #HR4: Proposed Rules of Procedure

𝗕𝗜𝗟𝗟 𝗧𝗘𝗫𝗧 ⤵️
capitol.texas.gov/BillLookup/His…
For Reference, the Current House Rules of Procedure can be found here:

house.texas.gov/_media/pdf/Hou…
@BryanforHD2 attempted to make a motion to delay consideration of #HR4 until THURS, 1/12. In response, the Speaker indicated he was not recognized for such motions.
Read 54 tweets
Texans for Fiscal Responsibility Profile picture
Jan 11
🧵#txlege House now considering #HR3: Housekeeping Resolution

𝗕𝗜𝗟𝗟 𝗧𝗘𝗫𝗧 ⤵️
capitol.texas.gov/BillLookup/His…
Notable proposed changes in this proposed version of #HR3: Housekeeping Resolution:

👉Increase in #txlege staff compensation from a max $5,280/mo ($63,360) to that of $6,000/mo ($72,000). One staff member can still be exempted from this cap.
👉 Increase in monthly operating account credit from $15,250/mo ($183k/yr) to $17,250/mo ($207k/yr) in session and $15,500/mo (186k/yr) in #txlege interim.
Read 9 tweets
Texans for Fiscal Responsibility Profile picture
Jan 10
👀The #txlege House will be taking up #HR3: Housekeeping Resolution & #HR4: Rules Resolution tomorrow (1/11) when they convene at 10AM

HR3: capitol.texas.gov/BillLookup/His…

HR4: capitol.texas.gov/BillLookup/His…
Notable proposed changes in #HR3: Housekeeping Resolution:

- Increase in #txlege staff compensation from a max $5,280/mo ($63,360) to that of $6,000/mo ($72,000). One staff member can still be exempted from this cap.
- Increase in monthly operating account credit from $15,250/mo ($183k/yr) to $17,250/mo ($207k/yr) in session and $15,500/mo (186k/yr) in #txlege interim.
Read 6 tweets
Texans for Fiscal Responsibility Profile picture
Jan 9
🧵Happening Now: TX Comptroller @Glenn_Hegar
will provide the #txlege with the 2024-25 Biennial Revenue Estimate (BRE).

👀You can watch the event here:
comptroller.texas.gov/about/media-ce…
@Glenn_Hegar 🧵The Comptroller has already indicated that among the items discussed will be an updated budget surplus which will be higher than the estimated $27B surplus he had previously announced in July of 2022. #txlege

@Glenn_Hegar TX Comptroller @Glenn_Hegar indicates that in making their calculations they expect a 'MILD' recession.
Read 8 tweets

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