tax breaks

Advocates for people who are homeless say eliminating the credit will mean it's harder to find affordable places to live. Lawmakers say when they passed the tax credits in 2022, they didn’t realize how much they would cost.

Next step will be action in the state House, where budget writers have different plans for distributing property tax help.

The marquee proposal would increase the amount of a home’s value exemption from school taxes to $140,000 from $100,000. The legislation must win approval from the House next.

Supporters say the creation of the energy fund will bolster the Texas grid. Opponents say it's an unnecessary giveaway to power companies and the gas industry.

So far, 53% of all homeowners on the Westside have signed up for the program, which cuts property taxes to a percentage of their income and, for some, freezes it at that level for 25 years.

Luring Panasonic to Kansas with $830 million of incentives was considered a major victory for the state. But as the company builds its $4 billion plant in De Soto, it’s unclear if state lawmakers will even allow another mega-project package.

Democratic Gov. Laura Kelly vetoed a plan for hundreds of millions of dollars in tax relief over her objection to a dramatic shift to a flat income tax rate. But her veto also halts two tax-relief proposals she championed.

From Texas Standard : Fifteen years ago, there were three distilleries in Texas. Today there are 158. But craft distillers say they are facing a...

A new report shows that big tax breaks may be causing significant harm to Oklahoma’s economy, reports KFOR. The study by a consulting group in…

Texas Panhandle commissioners agreed to give a big tax break to Chermac Energy reports the Amarillo Globe-News. Randall County commissioners recently…