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Hashtag
#jeti
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#HB105 - postponed to 10 AM - is Big Money walking back the #JETI deal made last session. Now they want lower wages, applied to fewer workers, and special treatment for fossil fuel electric generators and larger projects. Cost to #txed = $1.1 bil/biennium. #txlege #DealIsADeal
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#JETI (#Chapter313 replacement) was passed last session. But Big Money is back w #HB105 this session to change that deal and wipe out the good wage/job creation provisions and give special treatment to the biggest firms. Why give tax breaks to firms that would come to TX anyway?
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The Tax Exemptions & Tax Incidence study is out. comptroller.texas.gov/transparency...
The cost of Chapter 313/JETI school property tax breaks for 2025-30 is estimated to total $13.7 Billion!!!
Almost $4 Billion out of the 2026-27 budget alone.
#txlege #txed #Chapter313 #JETI #txbudget
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