Texans are eager for massive property tax relief and policymakers appear ready to deliver. However, while there is broad agreement on the need for relief and the political will to see it through, there are competing visions on how to get it done. In the Texas House, lawmakers are supporting a plan that hinges on...
On Saturday, voters will decide the fate of 291 separate bond propositions that could add as much as $30 billion in new debt (principal only) to Texas’ already substantial burden. As The Texan reported late last year, local government debt totaled $417 billion in 2022, which “represents roughly $14,000 in debt per resident of Texas,...
Free-market reforms are the key to solving Texas’ housing affordability crisis. That’s the main takeaway from an insightful new Forbes article authored by Jared Meyer as he surveys the state of play in the Lone Star State. To bolster his thesis, Meyer cites several legislative proposals currently being debated at the statehouse that promise to...
Tomorrow, the House Committee on Land & Resource Management will meet to discuss a slew of different bills, including two important disannexation bills—HBs 2561 and 3053. For those who may not know, disannexation refers to a community’s right to separate from a city government when it is no longer being well-served. And if the hearing...
State preemption could ease the affordability crisis created by bad local policy. The local-government stranglehold on land-use policy in Texas is driving up the cost of housing across the state. Homes have begun to rise in price after decades of relatively low levels. A report last year found that Texas was among the six states with the least amount...
Texas experienced tremendous population growth in 2022, becoming “the only state other than California with a resident population above 30 million.” One key reason for Texas’ booming population is the state’s reputation for low taxes and limited government. People want small government and they’re willing to vote with their feet to prove it. And yet,...
For its part, the Texas Association of School Boards is unapologetic—either for its support of the National School Boards Association (which called on the Biden administration to treat parents speaking out as “domestic terrorism and hate crimes” in 2021), or for its advocacy of political goals that the vast majority of Texans don’t share. What...
In the political context, the term “sunshine” originated in U. S. Supreme Court Justice Louis Brandeis’ book Other People’s Money and How the Bankers Use It, where he argued that “sunlight is said to be the best of disinfectants; electric light the most efficient policeman.” While initially aimed at the business sector, Brandeis’ axiom is...
The Governor, Lieutenant Governor, and the Speaker of the House have all stressed the importance of property tax relief. The Comptroller too. And now the Texas Legislature has weighed in. Yesterday, the House and the Senate released their introduced budgets (see here and here), providing an outline of the tax relief package that could be...
The legislative session is right around the corner and many things are starting to become clear—like how big the budget should be, how much money will be available for property tax relief, and what top state officials are saying about it all. With that in mind, here are five critical policy questions and answers about...
On Wednesday, the Legislative Budget Board (LBB) met to adopt a spending limit to govern how fast the next two-year budget will grow. The biennial ritual is performed in service of observing the state’s two primary spending limits, one constitutional and the other statutory. More specifically, those limits are: “the Article VIII constitutional tax spending...
Texans pay some of the highest property taxes in the U.S. But not all of those tax dollars are spent well. Case in point: Granbury ISD’s purchase and use of a private plane. Last week, a WFAA investigation revealed that Granbury ISD, a small North Texas school district with about 7,500 students, had purchased a...