TX SB1926 | 2023-2024 | 88th Legislature
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on March 8 2023 - 25% progression, died in committee
Action: 2023-03-20 - Referred to Natural Resources & Economic Development
Pending: Senate Natural Resources & Economic Development Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on March 8 2023 - 25% progression, died in committee
Action: 2023-03-20 - Referred to Natural Resources & Economic Development
Pending: Senate Natural Resources & Economic Development Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Relating to the establishment of the Texas Mircale Act (TMA), allowing for certain fees, authorizing certain ad valorem tax incentives for economic development, specifically certain tax relief from school district taxes for certain corporations and limited liability companies that make large investments that create jobs in this state, to authorizing the imposition of certain fees, and the repeal of Chapter 313 of Texas Tax Code and the Economic Development Act of the 77th Legislature.
Title
Relating to the establishment of the Texas Mircale Act (TMA), allowing for certain fees, authorizing certain ad valorem tax incentives for economic development, specifically certain tax relief from school district taxes for certain corporations and limited liability companies that make large investments that create jobs in this state, to authorizing the imposition of certain fees, and the repeal of Chapter 313 of Texas Tax Code and the Economic Development Act of the 77th Legislature.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-03-20 | Senate | Referred to Natural Resources & Economic Development |
| 2023-03-20 | Senate | Read first time |
| 2023-03-08 | Senate | Filed |
| 2023-03-08 | Senate | Received by the Secretary of the Senate |
Subjects
AUDITOR, STATE
Business & Commerce
Business & Commerce--General
COMPTROLLER OF PUBLIC ACCOUNTS
Property Interests
Property Interests--General
Taxation
Taxation--General
Taxation--School District
TEXAS MIRCALE ACT
WORKFORCE COMMISSION, TEXAS
Business & Commerce
Business & Commerce--General
COMPTROLLER OF PUBLIC ACCOUNTS
Property Interests
Property Interests--General
Taxation
Taxation--General
Taxation--School District
TEXAS MIRCALE ACT
WORKFORCE COMMISSION, TEXAS
Texas State Sources
| Type | Source |
|---|---|
| Summary | https://capitol.texas.gov/BillLookup/History.aspx?LegSess=88R&Bill=SB1926 |
| Text | https://capitol.texas.gov/tlodocs/88R/billtext/html/SB01926I.htm |
