Rick Perry Tax Cuts Since becoming Texas governor, Rick Perry has cut taxes by more than

$14 billion through 67 pieces of legislation. Year 82nd leg. (2011) Bill Number HB 1841 Brief Description Use of internet hosting is not sufficient activity in Texas to establish nexus for sales tax presence Exempts from sales tax tangible personal property attached to dairy structure on commercial dairy farm and used solely for milk production Continues property tax exemption for low income housing when property is transferred to non-profit organization Requires appraiser to set value of temporary production aircraft at 10% of market price Reduces property tax late payment penalties in disaster areas Exempts surviving spouse of 100 percent disabled veteran from all or part of property tax on homestead Allows volunteer firefighters / emergency service organizations to hold sales tax free sales or auctions Extends $1.0 million small business franchise tax exemption Requires continuation of residence homestead exemption and bars removal if homestead rendered uninhabitable (for example: by wind, water) Extends the Property Redevelopment and Tax Abatement Act Residence homestead exemption extended while undergoing repair from event made property uninhabitable (i.e. homestead exemption not abandoned) Expanding goods covered by sales tax holiday Makes mandatory certain property tax exemptions held by charitable organizations on which housing is built or repaired primarily with voluntary labor to sell without profit to low-income residents Improvements to providing housing to disabled persons made basis for charitable organization to get property tax exemption Expand agriculture exemption to include personal property used to produce food, agriculture aircraft, Savings N/A

82nd leg. (2011)

HB 2810

N/A

82nd leg. (2011)

HB 3133

N/A

82nd leg. (2011)

HB 3727

N/A

82nd leg. (2011) 82nd leg. (2011)

SB 432 SB 516

N/A 22.0

82nd leg. (2011)

SB 1927

N/A

82nd leg. (2011) 81st leg. (2009)

(1CS) SB 1 HB 770

148.5 11.9

81st leg. (2009) 81st leg. (2009)

HB 773 HB 1257

139.7 N/A

81st leg. (2009) 81st leg. (2009)

HB 1801 HB 2555

50.9 4.0

81st leg. (2009)

HB 2628

N/A

81st leg. (2009)

HB 3144

N/A

81st leg. (2009) 81st leg. (2009)

HB 3206 HB 3613

81st leg. (2009)

HB 4433

81st leg. (2009)

HB 4765

81st leg. (2009) 81st leg. (2009)

SB 254 SB 958

81st leg. (2009) 81st leg. (2009)

SB 2274 SB 2442

80th leg. (2007) 80th leg. (2007)

HB 5 HB 373

80th leg. (2007) 80th leg. (2007)

HB 438 HB 604

80th leg. (2007) 80th leg. (2007) 80th leg. (2007)

HB 621 HB 1022 HB 1332

80th leg. (2007) 80th leg. (2007) 80th leg. (2007) 80th leg. (2007)

HB 1459 HB 1928 HB 2982 HB 3191

80th leg. (2007)

HB 3630

carcass disposal equipment Expand property tax exemption for pollution control property Totally disabled veterans get 100% residence homestead exemptions and; requires all valuations based on value as residence, not what property might be converted to Exempts from severance tax, oil and gas produced in association with production of geothermal energy Small business franchise tax exemption raised to $1 million, see fiscal note; HB 2154 did become law (two years only) Exempts volunteer fire departments from motor fuel taxes Exempts from sales tax machinery and equipment used exclusively in agricultural aircraft operations Changes school property tax rate rollback trigger Exempts from property tax property owned by charitable organizations used for training or employing the handicapped in producing goods / services The over 65 - disabled school property tax freeze Expands definition of "occasional sale" for purpose of exemption from sales tax Limits increase in appraised value of homestead Lower appraisal of property converted to wildlife management use without requirement of appraisal as open-spaced land Freeport warehouse exemption Exempts certain motor vehicles from property tax Credit or refund of diesel tax paid if diesel purchased was used in manufacturing or oil gas production Exempts pay phone calls from sales tax Travel trailers exempted from property tax Changing oil and gas appraisal method to monthly averaging Property tax exemption in large counties for owners that have property for purpose of constructing / rehabilitating low-income housing Changing appraisal standards for open-space land

N/A 118.2

N/A

231.8

11.6 3.2

N/A N/A

744.7 N/A

121.6 N/A

190.4 N/A 12.8

7.2 N/A 12.3 N/A

N/A

80th leg. (2007) 80th leg. (2007)

HB 3928 SB 426

80th leg. (2007)

SB 812

80th leg. (2007)

(3CS - 2006) HB 1 *

79th leg. (2005)

HB 312

79th leg. (2005)

HB 809

79th leg. (2005)

HB 2080

79th leg. (2005)

HB 2254

79th leg. (2005)

HB 3016

79th leg. (2005)

SB 867

78th leg. (2003) 78th leg. (2003)

HB 217 HB 1278

78th leg. (2003)

HB 2383

78th leg. (2003)

HB 2416

78th leg. (2003)

HB 3546

Sliding scale applied to increase small business exemption Cuts property taxes by authorizing continuation of exemption held by Community Housing Development Organizations in event of foreclosure - exemption carries forward to new owner Property tax exemption for property of non-profit corporation engaged "primarily" in providing chilled water and steam to health-related facilities School property tax relief, cutting school taxes by 11.33% for 2007, 33% thereafter Waives property tax rollback penalty if timber land is converted for: (1) use as homestead; (2) owned by religious organization and converted to religious use; or (3) used as notfor-profit cemetery Passenger car and light trucks used in individuals occupation and also for personal use may exempt from rendition Exempts from property tax license to occupy dwelling in exempt retirement community Reduces penalty for failure to make timely homestead property tax payments if elderly or disabled Removes from inventory tax the market value of drug supplies held for response to public health emergency, disaster or terrorist attack Excludes certain recreational vehicles (motor homes) not held for income production from sales tax emission surcharge School property tax homestead exemption for disabled Exempts from property tax property owned by a church if owned for purpose of expanding place of worship or school Property tax exemption for property owned by U.S., state or political subdivision if leased by church and used as place of worship Extends time for property tax exemptions for non-profit entities while property is being improved or converted from open-space land Partial exemption from property tax

3.5 N/A

N/A

12,646.1

N/A

N/A

N/A

N/A

N/A

1.7

7.3 N/A

N/A

N/A

N/A

78th leg. (2003)

SB 480

78th leg. (2003)

SB 510

77th leg. (2001)

HB 16

77th leg. (2001)

HB 82

77th leg. (2001)

HB 244

77th leg. (2001)

HB 506

77th leg. (2001)

HB 824

77th leg. (2001)

HB 1100

77th leg. (2001)

HB 1194

77th leg. (2001)

HB 1200

77th leg. (2001)

HB 1241

77th leg. (2001)

HB 1447

77th leg. (2001)

HB 1689

of property owned by Community Housing Development Corporations if property is being constructed or rehabilitated for qualified low income housing Rollback penalty deleted for transfer of property from open space use to entity for economic development Exempts from property tax, personal property travel trailers not used for business Allow disabled veteran to receive property tax exemptions even if application not timely filed Exempts from sales tax the first $5,000 per year in sales made by college/university student organizations Exempts from sales tax boat and boat motor purchases by emergency service organizations including volunteer fire departments Allows surviving spouse of 65-andolder tax freeze to carry that cap to new property and receive same percentage tax reduction Provides property tax exemption for county fair associations that do not hold a pari-mutuel wagering license Creates presumption that certain vessels and watercrafts are not located in Texas for Texas property tax to apply Allows a tax abatement or tax increment financing eligibility to continue if property owner subsequently serves as a member of governing body that granted the agreement Creates the Texas Economic Development Act, authorizing property tax incentives and extending the Property Tax Abatement Act until 2007. Increased the amount of diesel fuel that could be purchased exempt from fuel tax if used for agriculture purpose Expands franchise tax credit eligibility under certain conditions to include defense economic readjustment zone Allows property tax exemption for organizations engaged primarily in charitable functions if approved by local taxing unit

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

103.3

N/A

N/A

13.0

77th leg. (2001)

HB 1940

77th leg. (2001)

SB 63

77th leg. (2001) 77th leg. (2001)

SB 248 SB 1574

Eliminates requirement that an over 65 homestead exemption be prorated if the exemption terminated during the year Provides franchise tax credit equal to 10 percent of wages paid to people with certain disabilities (SSIDisability) Property tax exemption for vehicles leased for personal use Exempts from property tax raw cocoa and green coffee held in Harris County

N/A

4.2

35.2 N/A

TOTAL Text of legislation and fiscal notes available at http://www.legis.state.tx.us/ Savings: From five-year fiscal notes, in millions rounded to one decimal place * Savings associated with HB1 from 3CC - 2006 is a net tax cut.

14,645.1

80th leg. (2007)

(3CS - 2006) HB 1

80th leg. (2007)

(3CS - 2006) HB 3, 4, 5

School property tax relief, cutting school taxes by 11.33% for 2007, 33% thereafter Revising franchise, cigarette taxes, presumptive auto value

30,541.3

-17,895.2