Comptroller Glenn Hegar today reminded Texans that the deadline to apply for Texas Match the Promise Foundation℠ scholarship awards is Dec. 31. Match the Promise scholarship awards are available for third 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 or less; and who are Texas residents and the dependents, for tax purposes, of Texas residents. Applicants […]
Comptroller Glenn Hegar
Texas Comptroller Glenn Hegar, State Sen. Joan Huffman Support Repeal of Sales Tax on Feminine Hygiene Products
Texas Comptroller Glenn Hegar announced today that he has joined with state Sen. Joan Huffman, Senate Committee on Finance chairwoman, to exempt feminine hygiene products from state and local sales tax. The effort will require new legislation and would likely not be finalized until the 2023 legislative session. Hegar and Huffman voiced strong support for the initiative. “As chair of Senate Finance, I am proud to make this effort one of my priorities,” Huffman […]
AG Paxton Urges Supreme Court to Oppose Biden Admin’s Efforts to Re-Implement Policy Releasing Criminal Illegals Back into the United States
Attorney General Paxton filed a brief in the United States Supreme Court opposing the Department of Justice’s request to stay a district court order vacating the Department of Homeland Security’s (DHS) September 2021 Immigration Prioritization Memorandum. Federal law requires DHS to detain certain aliens who have committed crimes and aliens with final orders of removal, but DHS’s Memorandum ignores those requirements. In an earlier win for the State of Texas, the district court vacated DHS’s […]
Comptroller Glenn Hegar Distributes $1 Billion in Monthly Sales Tax Revenue to Local Governments
(AUSTIN) — Texas Comptroller Glenn Hegar announced today he will send cities, counties, transit systems and special purpose taxing districts $1.03 billion in local sales tax allocations for July, 15.3 percent more than in July 2021. These allocations are based on sales made in May by businesses that report tax monthly. LOCAL SALES TAX ALLOCATIONS (July 2022) Recipient July 2022 Allocations Change from July 2021 Year-to-date Change Cities $655.6M ↑14.0% ↑16.4% Transit Systems $220.3M ↑14.2% […]
State Sales Tax Revenue Totaled $3.7 Billion in June
(AUSTIN) — Texas Comptroller Glenn Hegar today said state sales tax revenue totaled $3.68 billion in June, 16.4 percent more than in June 2021. The majority of June sales tax revenue is based on sales made in May and remitted to the agency in June. As a result of a sustained period of historically high revenues, later this month Hegar will provide an update to the Certification Revenue Estimate published in November 2021. That update will result in a […]
Texas Comptroller Glenn Hegar’s Statement on Unilever’s Israel Decision
(AUSTIN) — I am pleased to see Unilever’s recent statement affirming its support for Israel: “Unilever rejects completely and repudiates unequivocally any form of discrimination or intolerance. Antisemitism has no place in any society. We have never expressed any support for the Boycott Divestment Sanctions (BDS) movement and have no intention of changing that position.” Texas has a long history of supporting Israel and the Israeli people, and the effort by Unilever to reach an agreement is a testament to the […]
Texas Comptroller Glenn Hegar Statement on New Broadband Grant Rules Released by National Telecommunications and Information Administration
(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
(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
(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
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 […]