This letter commends the House’s May 27 vote to instruct its conferees on HB 300, the Texas Department of Transportation sunset bill, to not accept the Senate’s language adding new local-option taxes and fees to the bill. It also summarizes the Foundation’s position regarding the local-option tax provisions and the Foundation’s principles for addressing the state’s transportation needs.
TWIA’s Expanding Reach Raises Fresh Concerns
TWIA has become the leading wind and hail insurer in the catastrophe area. Its position has direct and indirect consequences for Texans statewide. Key points: Since 2020, TWIA has steadily increased its market share in the catastrophe area, raising concerns about scope and cost. TWIA’s quasi-governmental model imposes potential costs on statewide policyholders and private...