Wednesday, March 16

TEXAS HOUSE BILL 3: HOW IT DIFFERS FROM THE SENATE BILL

The Texas Senate has its own ideas about funding public education and offering property tax relief.

BIG DIFFERENCES

The tax bill approved Tuesday by the House differs in a number of ways from the plan proposed in January by the Senate.
• Sales tax: House proposes a 1 percent increase; Senate proposes a half-cent increase
• Alcohol tax hike: Not in House plan; included in Senate plan
• Business tax: House raises $3.5 billion annually; Senate raises $5.5 billion annually.


In addition, the Senate also plans to provide a sales tax rebate for low-income Texans with a Lone Star Card, a provision not included in the House bill.

The devil's in the details, of course, and this continues to bear watching. The Senate hasn't yet explained how its business tax would work.

1 Comments:

Blogger Rosemary said...

Good God! You only pay $3-$5b? We pay at least $35-$45b, and you are doing better than us! I have an idea...let the counties pay for their own. That way, the best counties will draw more people, and the worse counties will be forced to get serious about education. The money just flows whether anyone does anything or not. I don't like that.

I don't really like the idea of poor people having to dish out an unproportionate amount from money for the worst education, but that is what is happening now. How do we stop it? We need solutions, not name calling or demonazition. This is too serious.

Have a great day.

12:49 AM  

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