Lawmakers’ deliberations and decisions this year on the Texas state budget drew more attention than usual because of the projection of record-breaking revenue announced just before they began work last January. Here are a few of the top stories that framed the year in state budget and revenue: Projected $32.7B Surplus for Lawmakers (Dallas Morning…
The pro-housing movement made tremendous progress across the nation in 2023. Efforts to increase access to a diversified housing supply and educate lawmakers and the public on the housing crisis and the remedies that are within reach are gaining momentum nationwide. Here are six articles to read before the new year: 1. Financial Times: Repeat…
Since Comptroller Glenn Hegar published his revised revenue outlook ahead of the special session, a number of bills have been filed, with a few already passed out of the Senate. As the dust settles from the activity of the first 10 days, we’re getting a clearer sense of how special session legislation and the budget…
The Texas House and Senate gaveled back in Monday afternoon pursuant to Gov. Greg Abbott’s call for a Third Special Session. Last week, Texas Comptroller Glenn Hegar announced his Certification Revenue Estimate (CRE), an update of the state’s revenue outlook for the current 2024-25 fiscal biennium. The CRE revises projected available revenue upward from $188.23 billion…
Texas Comptroller Glenn Hegar last month told a Texas Tribune Festival audience that he expected to revise the Certification Revenue Estimate upward. It is certainly noteworthy that the CRE, an update of the state’s revenue outlook for the current fiscal year 2024-25 biennium, has turned out higher than expected given that Hegar had previously forecasted…
Texas has one of the youngest median populations in the nation and its population is growing. In the last two years, the majority of Texas’ population increase is due to domestic migration as people leave other states and relocate to Texas. To better understand Texas’ newest residents, we analyzed the IRS U.S. Population Migration Data,…