CSHB 2908 requires the Public Utility Commission of Texas to study the distortion in electricity pricing in the ERCOT (Electric Reliability Council of Texas) power region caused by the federal Production Tax Credit (PTC) and report its findings to the Texas Legislature.
Taxes & Spending
An Overview of the Business Franchise Tax: 2023 – 2027
Texas’s business franchise tax is costly, complicated, and time-consuming to observe. Its negative and distortionary effects should motivate policymakers to eliminate it entirely. Key points: Because of the substantial costs, large and small business owners can often spend more on compliance than on paying the franchise tax itself. Phasing out or repealing the tax altogether...
June 25, 2026