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Is the Texas legislature really going to let the industry tax exemption program expire?

Posted on 6/1/21 at 8:50 pm
Posted by boosiebadazz
Member since Feb 2008
80399 posts
Posted on 6/1/21 at 8:50 pm
It’s the Intercept with a ton of quotes from a biased opponent, but apparently the Texas legislative session just ended without reauthorizing the program whereby industry can apply for and receive property tax exemptions. The program expires in 19 months and the legislature won’t reconvene for two years. Louisiana made changes to ours and industry revolted.

What’s going on in Texas?

LINK
This post was edited on 6/1/21 at 8:51 pm
Posted by BeepNode
Lafayette
Member since Feb 2014
10005 posts
Posted on 6/1/21 at 8:59 pm to
Sounds like these school districts don't care if they lose out on extra money because the money would have gotten redistributed to other school districts anyway. It's a bit of a moral hazard.

Louisiana and Texas should both stop telling locals how to tax and instead offer to cover the property taxes themselves on behalf of industry, or some compromise that is in-between.
Posted by UAinSOUTHAL
Mobile,AL
Member since Dec 2012
4832 posts
Posted on 6/1/21 at 9:32 pm to
quote:

legislature won’t reconvene for two years.


What kind of state legislature only meets every two years? Texas deserves better then that.
Posted by El Segundo Guy
SE OK
Member since Aug 2014
9654 posts
Posted on 6/1/21 at 10:08 pm to
An attempt at wealth redistribution. If your school district gets payments from a company and mine doesn't then that's just not fair!

Just another example of the creep towards turning blue.
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