The passing of HB 14 (2023) in the 88th Texas Legislature has led to reduced wait times for construction permits. For example, a November 2024 memorandum from the City of Dallas stated, “the October 2024 median issuance time for New Construction Commercial Permits dropped to 112 days, the lowest median time of 2024 and one of the lowest since 2021” (Letter from Robin Bentley, 2024). It is on the success of HB 14 that in the 89th Texas Legislature, Senate Bill 1450 (2025) has been filed to ensure that the legislative intent of the previous session is fully expressed.
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