by Bill Peacock | May 30, 2025 | 89th TXLege, Texe Lege
Texas Taxpayers Need a Break State Funds Spending Up $25 Billion The Texas Legislature is on the verge of adopting its final budget for the 2026-27 fiscal biennium. Few people are aware of this, but that budget consists of two bills: Senate Bill 1 and House Bill 500....
by Bill Peacock | Apr 25, 2025 | 89th TXLege, Texe Lege
Testimony on HB 4568 The 79th Texas Legislature established the Texas Moving Image Industry Incentive Program (TMIIIP), also known as the Film Incentive Program, in 2005. Since then, star-struck legislators have thrown well over $100 million of Texas taxpayer money at...
by Bill Peacock | Apr 17, 2025 | Texe Lege
Wherever you turn these days, Texas politicians are claiming that they are spending $51 billion on property tax relief. Screenshot Screenshot The problem is that the $51 billion figure has no connection to reality. For at least two reasons. First, if they were really...
by Bill Peacock | Apr 8, 2025 | Texe Lege
Taking a look at the budget and Texas’ $80 billion budget surplus Executive Summary Texas Comptroller Glenn Hegar’s Biennial Revenue Estimate (BRE) biennium projects a budget surplus of $23.76 billion in state funds for the current 2024-25 fiscal biennium. But...
by Bill Peacock | Apr 4, 2025 | 89th TXLege, Texe Lege
This headline in last week’s Houston Chronicle captured all that is wrong with the Texas electricity market: Since 2013, when the Operating Reserve Demand Curve was approved, the Texas Legislature has sought to deal with the grid reliability problems caused by...