Comptroller Glenn Hegar

Texas Comptroller Glenn Hegar Statement on New Broadband Grant Rules Released by National Telecommunications and Information Administration

Texas Comptroller Glenn Hegar

(AUSTIN) — I am extremely concerned about the Notice of Funding Opportunity for the $42.5 billion Broadband Equity, Access, and Deployment (BEAD) Program issued on May 13 by the National Telecommunications and Information Administration (NTIA).  The creation of the Texas Broadband Development Office (BDO) last year by state lawmakers represented a major step toward closing the digital divide that plagues so many hard-working Texans, especially in rural parts of the state. And just last week, the […]

Comptroller Glenn Hegar Releases Texas Broadband Plan

Texas Comptroller Glenn Hegar

(AUSTIN) — Texas Comptroller Glenn Hegar today released his agency’s Texas Broadband Plan to support the expansion of broadband access for underserved and unserved Texans. The Comptroller’s Broadband Development Office (BDO) crafted the plan building upon the feedback that Hegar and BDO staff collected from Texans through 12 public town halls, 60 virtual regional roundtable discussions and more than 16,000 survey responses.  “We compiled lessons learned from a dozen town hall visits via my Texas Broadband Listening Tour, […]

Comptroller Glenn Hegar Distributes $1.2 Billion in Monthly Sales Tax Revenue to Local Governments

Texas Comptroller Glenn Hegar

(AUSTIN) — Texas Comptroller Glenn Hegar announced today he will send cities, counties, transit systems and special purpose taxing districts $1.2 billion in local sales tax allocations for May, 11.8 percent more than in May 2021.  These allocations are based on sales made in March by businesses that report tax monthly and sales made in January, February and March by quarterly filers.  For details on May sales tax allocations to individual cities, counties, transit systems and special […]

Texas Comptroller’s Office Announces Reduction in Some Fees, Changes to the Advisor-Sold LoneStar 529 Plan

Texas Comptroller Glenn Hegar

Comptroller Glenn Hegar announced today that the state’s tax-advantaged, advisor-sold college savings plan, the LoneStar 529 Plan®, implemented the following enhancements – including a reduction in some fees – that were effective March 7: Reduction in the front-end sales charge for Class A shares from 5.75% to 2.75%; Reduction in total plan level fees, including the program management fee, the state administrative fee, and the estimated underlying investment expenses; A change from Age-Based Portfolios to […]

Comptroller Glenn Hegar Returns $2 Billion to Texas Unclaimed Property Owners

Texas Comptroller Glenn Hegar

Comptroller Glenn Hegar has returned $2 billion in unclaimed property to its rightful owners since he took office in January 2015, the Comptroller’s office announced today. “I am proud of the commitment this office has made to reuniting unclaimed property with its rightful owners, and that commitment is reflected in this landmark achievement,” Hegar said. “I encourage everyone to visit ClaimItTexas.org and see if there is money waiting for them.” Since the Unclaimed Property program began in […]

Comptroller’s Office Accepting Match the Promise Scholarship Applications Through Dec. 31

Texas Comptroller Glenn Hegar

Comptroller Glenn Hegar today reminded Texans that the deadline to apply for Texas Match the Promise Foundation℠ scholarship awards is Dec. 31, 2021. Applicants can use our new online application system or download an application form and mail it in. Match the Promise scholarship awards are available for fifth through ninth graders: who are beneficiaries of a Texas Tuition Promise Fund® (TTPF) account, the state’s prepaid college tuition plan; whose families have an annual income of $100,000 […]

Texas Comptroller’s Office Announces Changes to the Texas College Savings Plan

Texas Comptroller Glenn Hegar

Comptroller Glenn Hegar announced today the Texas College Savings Plan (Plan)®, the state’s direct-sold college savings plan, is lowering fees and enhancing its investment lineup. These changes were effective Dec. 13: The current Blended and Index Age-based Portfolios will be streamlined into a single set of Age-based Portfolios; The Age-based Option will be expanded from six to 10 Age-based Portfolios to provide a smoother investment glide path; The Static and Individual Fund Portfolios will be reorganized as […]