Texas Comptroller Glenn Hegar released the following statement reminding businesses about the agency’s boycott Israel list amid the Israel-Hamas conflict: “Over the weekend, Israel was hit with a cowardly attack by terrorists with seemingly no goal but senseless destruction and loss of life. Even as Israel now fights to defend itself, Hamas continues its violent threats by vowing to kill hostages in response to Israeli counterstrikes in Gaza. “On this issue there can be no equivocating. The […]
Glen Hegar
Texas Tuition Promise Fund® Turns 15; Enroll Before Nov. 1 and Save
The Texas Tuition Promise Fund®, the state’s prepaid college tuition plan, turns 15 this month. Texas Comptroller Glenn Hegar reminds families that enrollment in the plan began today and runs through Feb. 29, 2024. The Texas Tuition Promise Fund offers parents and loved ones the chance to prepay for a child’s future tuition and required, schoolwide fees at Texas public colleges and universities at today’s prices, excluding medical and dental schools. To celebrate the plan’s […]
Texas Prepaid Tuition Plan Newborn Enrollment Deadline Approaches
Texas families have through July 31 to enroll their newborns at 2022-23 prices in the Texas Tuition Promise Fund®, the state’s prepaid college tuition plan. Newborns are children younger than 1 year of age at the time of enrollment.* “I know what it’s like to be the parent of newborns, and paying for college was not always at the top of my mind,” Texas Comptroller Glenn Hegar said. “That’s why we’re reminding new parents to take […]
Texas ABLE Program Celebrates Five-Year Anniversary
Texas Comptroller Glenn Hegar is celebrating a milestone for the Texas Achieving a Better Life Experience (Texas ABLE®) Program — the state’s tax-advantaged savings program for Texans with disabilities. The Comptroller-administrated program marked its fifth year of operation this month. “I’m proud that over the past five years, thousands of Texans have opened a Texas ABLE account — expanding their opportunity to live a more independent life and save toward a better financial future,” Hegar […]
Texas Broadband Development Office Seeks Input from Public for Development of Digital Opportunity Plan
Broadband Development Office Invites All Texans to Complete Public Survey Texas Comptroller Glenn Hegar announced today that his agency’s Broadband Development Office (BDO) is asking the public for input on internet accessibility, affordability and usage. BDO will use the Digital Opportunity Plan: Public Survey to develop a Texas Digital Opportunity Plan, which is required to draw down federal funding for connecting Texans to reliable, high-speed internet. The survey is available starting today and will be open […]
Texas Comptroller’s Office Releases Reference Essentials for Current Legislative Session
The Texas Comptroller’s office recently released Taxes of Texas: A Field Guide, a periodic report providing an overview of Texas’ major state taxes, and the Tax Exemptions and Tax Incidence Report, which estimates the value of each exemption, exclusion, discount, deduction, special accounting method, credit, refund and special appraisal available to payers of Texas’ sales, franchise, motor vehicle sales and oil production taxes, as well as property taxes levied by school districts. “As the 2023 legislative session kicks […]
Texas Comptroller Glenn Hegar’s Statement on Harris County Decision to Waste Additional Taxpayer Resources in Effort to Defund the Police
Harris County has always had the opportunity to resolve this by communicating with my office and with the constables who have remained at the negotiating table. Law enforcement has been consistently available and open to finding a local solution that is mutually acceptable to all parties. Instead, Harris County Judge Lina Hidalgo and the Harris County commissioners would prefer to waste taxpayer resources with more frivolous legal action. Taxpayers already paid for a lawsuit in […]
Texas Comptroller Glenn Hegar Releases Statement on Federal Government’s Failure to Extend Broadband Challenge Deadline
I’m disappointed that the National Telecommunications and Information Administration (NTIA) has stubbornly refused to resolve a problem of its own creation and may sacrifice data quality to meet arbitrary and aggressive timelines. However, in response to pressure from Texas and other states, NTIA has indicated that availability challenges filed after its Jan. 13 deadline may still be resolved in time for inclusion in the map used for allocation. Texas will continue its dialogue with NTIA […]
Fiscal Notes: Agriculture Industry Grows Texas
Texas has about 247,000 farms and ranches and 126 million acres of farmland, more than any other state. In 2021, Texas ranked fourth among states for total cash receipts for all agricultural commodities — including Texas’ prominent cotton industry in the Panhandle, its cattle ranches in the west and its timber harvesting in the east. In October’s issue of Fiscal Notes, the Comptroller’s office looks at the Texas agriculture industry and its outsize impacts on the state […]
State Sales Tax Revenue Totaled $3.7 Billion in May
(AUSTIN) — Texas Comptroller Glenn Hegar today said state sales tax revenue totaled $3.69 billion in May, 8.6 percent more than in May 2021. Annual revenue growth of 8.6 percent suggests modest growth in underlying taxable economic activity, in view of the current inflationary environment with Consumer Price Index inflation at 8.3 percent in April. The majority of May sales tax revenue is based on sales made in April and remitted to the agency in May. “Strong, […]