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At a time when the state has some of the nation’s highest property taxes, the initiative was a cornerstone of his 2022 reelection campaign. Gov. Greg Abbott signs $18 billion tax cut package for ...
The Robin Hood Plan is a colloquialism given to a provision of Texas Senate Bill 7 (73rd Texas Legislature) (the provision is officially referred to as "recapture"), originally enacted by the U.S. state of Texas in 1993 (and revised frequently since then) to provide equity of school financing within all school districts in the state of Texas.
Whitney Independent School District is a public school district based in Whitney, Texas . In 2009, the school district was rated "academically acceptable" by the Texas Education Agency. [1] The mission statement of the school district is for all students to be a champion every day.
For the 10 years of the tax benefit period, reduced local school district revenues are substantially replaced with state funds through the state public school finance system. [4] The Texas Tax Code gives the Texas Comptroller's office responsibility and authority to adopt rules necessary for the implementation and administration of the program. [5]
This article originally appeared on Austin American-Statesman: Texas Senate: Border security, taxes, school choice top 2025 priorities. Show comments. Advertisement. Advertisement.
Governor Greg Abbott has promised the biggest tax cut in history.
The Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, [2] Pub. L. 115–97 (text), is a congressional revenue act of the United States originally introduced in Congress as the Tax Cuts and Jobs Act (TCJA), [3] [4] that amended the Internal Revenue Code of 1986.