Page 1
Page 1
Started By
Message

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
80272 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 boosiebadazz
Member since Feb 2008
80272 posts
Posted on 6/1/21 at 9:06 pm to
Maybe the school districts didn’t care but I’d imagine the industry and their lobbyists cared. Why didn’t they prevail?

In La., we actually did transfer control to the more local entities. We used to have a board that made decisions for the state, but now the applications go to the local governing authorities.
This post was edited on 6/1/21 at 9:07 pm
Posted by UAinSOUTHAL
Mobile,AL
Member since Dec 2012
4830 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 boosiebadazz
Member since Feb 2008
80272 posts
Posted on 6/1/21 at 9:34 pm to
Some may think that’s a feature, not a bug
Posted by 1BIGTigerFan
100,000 posts
Member since Jan 2007
49184 posts
Posted on 6/1/21 at 9:38 pm to
The Governor will call a special session to get the dims to vote.
Posted by schexyoung
Deaf Valley
Member since May 2008
6534 posts
Posted on 6/1/21 at 9:59 pm to
Frick no we don’t. The more politicians meet the more campaigns and the more they can screw up shite just because they have to do something.
Posted by El Segundo Guy
SE OK
Member since Aug 2014
9611 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.
Posted by El Segundo Guy
SE OK
Member since Aug 2014
9611 posts
Posted on 6/1/21 at 10:09 pm to
Opponents want that money going to the state so it can be distributed "equitably" instead of straight to an ISD.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram