Texas Comptroller

Texas Comptroller Glenn Hegar’s Statement on Companies Asking the Texas Supreme Court to Compel his Office to Process All Chapter 313 Applications

Texas Comptroller Glenn Hegar

Today, attorneys representing multiple companies filed a writ of mandamus with the Texas Supreme Court to compel my office to process all Chapter 313 applications received to date. The Texas Legislature purposely did not renew the Chapter 313 program during the last legislative session, and the program is set to expire on Dec. 31, 2022. As a result, my office has received an extraordinary number of applications from companies seeking to secure an incentive under […]

State Sales Tax Revenue Totaled Record $3.96 Billion in November

Texas Comptroller Glenn Hegar

Texas Comptroller Glenn Hegar today said state sales tax revenue totaled $3.96 billion in November, the highest monthly collection on record and 11.2 percent more than in November 2021. The majority of November sales tax revenue is based on sales made in October and remitted to the agency in November. “With persistently elevated inflation continuing to drive prices — and consequently revenues —  higher, November sales tax collections were once again led by growth in non-retail […]

Comptroller’s Office Releases State of Texas Annual Cash Report

Texas Comptroller Glenn Hegar

Texas Comptroller Glenn Hegar today announced the release of the State of Texas Annual Cash Report for fiscal 2022. The report, a cash-basis representation of the state’s financial condition as of Aug. 31, 2022, shows revenue and expenditure details for all funds in the State Treasury. Each fund includes the following information: Date of origin. Administering agency. Authorizing statute. Revenues and other sources at the object code level. Expenditures and other uses at the category level. A […]

State Sales Tax Revenue Totaled $3.8 Billion in October

Texas Comptroller Glenn Hegar

Texas Comptroller Glenn Hegar today said state sales tax revenue totaled $3.82 billion in October, 11.9 percent more than in October 2021. The majority of October sales tax revenue is based on sales made in September and remitted to the agency in October. “Rapid growth in state sales tax revenue was again led by business spending,” Hegar said. “Double-digit growth in receipts continued from the mining, construction, manufacturing and wholesale trade sectors, fueled in part by […]

Texas Agriculture Bears Economic Fruit

Texas’ reliance on its rural areas — and populations — cannot be overstated. This month’s Fiscal Notes calls attention to the contributions of the state’s agriculture industry and a rural health care system in crisis. “Rural Texas, its people and its industries have formed the backbone of this great state since its birth. Although much of the population currently resides in Texas’ rapidly growing urban and suburban centers, the vast majority of the state is, and will remain, rural. There’s […]

Comptroller Glenn Hegar Distributes $1.1 Billion in Monthly Sales Tax Revenue to Local Governments 

Texas Comptroller Glenn Hegar

Texas Comptroller Glenn Hegar announced today he will send cities, counties, transit systems and special purpose districts $1.06 billion in local sales tax allocations for October, 17.4 percent more than in October 2021. These allocations are based on sales made in August by businesses that report tax monthly. LOCAL SALES TAX ALLOCATIONS (Oct. 2022) Recipient Oct. 2022 Allocations Change from Oct. 2021 Year-to-date Change Cities    $675.6M ↑15.7% ↑15.1% Transit Systems $226.4M ↑17.2% ↑16.4% Counties $65.8M […]

Texas Opioid Abatement Fund Council Hears State Agencies’ Responses to Ongoing Fentanyl Crisis

Texas Comptroller Glenn Hegar

Texas Comptroller Glenn Hegar recently chaired a meeting of the Texas Opioid Abatement Fund Council (OAFC) to discuss what state agencies are doing to combat the ongoing fentanyl crisis. Officials from more than half a dozen state agencies, including the Department of Public Safety (DPS), Texas Education Agency (TEA) and Health and Human Services Commission (HHSC), gave presentations detailing the scope of the current fentanyl crisis in Texas, strategies for abatement response and the deployment […]

Comptroller Glenn Hegar Distributes $1 Billion in Monthly Sales Tax Revenue to Local Governments

Texas Comptroller Glenn Hegar

Texas Comptroller Glenn Hegar announced today he will send cities, counties, transit systems and special purpose districts $1.04 billion in local sales tax allocations for September, 13.1 percent more than in September 2021. These allocations are based on sales made in July by businesses that report tax monthly. LOCAL SALES TAX ALLOCATIONS (Sept. 2022) Recipient Sept. 2022 Allocations Change from Sept. 2021 Year-to-date Change Cities    $665.7M ↑11.8% ↑15.0% Transit Systems $223.5M ↑12.3% ↑16.3% Counties $62.4M […]

State Sales Tax Revenue Totaled $3.9 Billion in July

Texas Comptroller Glenn Hegar

Texas Comptroller Glenn Hegar today said state sales tax revenue totaled $3.88 billion in July, 14.7 percent more than in July 2021, and the highest monthly collections on record. The majority of July sales tax revenue is based on sales made in June and remitted to the agency in July. “July state sales tax collections showed continued vigorous growth from non-retail sectors,” Hegar said. “The sharpest increase from a year ago was once again in […]

Texas Sales Tax Holiday is Aug. 5-7

Texas Comptroller Glenn Hegar

Texas Comptroller Glenn Hegar is reminding shoppers they can save money on clothes and school supplies during the state’s sales tax holiday on Friday, Saturday and Sunday, Aug. 5-7. State law exempts sales tax on qualified items — such as clothing, footwear, school supplies and backpacks — priced below $100, saving shoppers about $8 on every $100 they spend. The dates of the sales tax holiday and list of tax-exempt items are set by the […]