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A report by the Federal Reserve Bank of Dallas researchers say that economic growth, low taxes and big cities all can keep residents in their home states.
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House Democrats attempted to insert benefits for renters and more money for public education into the tax-cuts package in a series of floor amendments but were unsuccessful.
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The proposal would give renters a cash rebate of up to 10% on rent paid in the last tax year.
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The Chapter 313 program was designed to draw business to the state, but critics say it lacks accountability and unduly burdens taxpayers. Tesla and other companies hope to take advantage of the tax incentive ahead of the program’s expiration at the end of the year.
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Cities, school districts and other local governments can provide discounts on property tax bills through the homestead exemption process. But not all…