![]() The Legislative Reference Library provides a listing of the effective dates for bills passed by the 87th Legislature. Legislative Reference Library - Effective Dates for Bills The Independent Insurance Agents of Texas website has a discussion of legislative issues from the 87th session that affect the insurance industry. Every Texanįormerly the Center for Public Policy Priorities, Every Texan's wrapup focuses on bills that affect health care, food security, education, and more. The Dallas Morning News's coverage of highlights and lowlights from the 87th legislative session. Topics include school finance, civics, testing, and special education. Association of Texas Professional EducatorsĪTPE discusses highlights and lowlights from the 87th legislative session. ![]() We recommended consulting the governor's veto statements to check that a bill was not vetoed. Please keep this in mind when reading any legislative summary. Depending on when the governor receives a bill, he or she has between 10 and 20 days to veto legislation passed by the Legislature. Some legislative summaries may be written before the governor's veto period ends. Below we highlight some of the legislative summaries published by news organizations, state agencies, professional organizations, and independent writers. To help the public become aware of new laws, many organizations provide summaries of new legislation. Due to the very large number of bills and the wide variety of topics they cover, it can be difficult to get an understanding of all the new laws that were passed. At the end of a regular legislative session, hundreds of passed bills are sent to the governor for approval. This bill focuses on making quality schooling and workforce education more affordable than ever for all Americans.The Texas Legislature meets regularly every 2 years (on odd-numbered years). Cruz has fought for his Education Freedom Scholarships and Opportunity Act, which would create a federal tax credit for taxpayers who donate to scholarship organizations supporting post-secondary workforce education, including trade schools and apprenticeship programs, and K-12 education. Cruz played a critical role in repealing Obamacare’s individual mandate in Congress’ historic tax reform bill. Cruz visited with victims, volunteers, first responders, and local officials in every region affected by the storm and authored the federal law that provided crucial and immediate tax relief to storm survivors along the Gulf Coast. In the wake of Hurricane Harvey’s devastation in 2017, Sen.It reduced taxes on small businesses, farmers, ranchers, and job producers, which has helped bring jobs to Texas. Cruz helped enact historic tax reform in 2017, which gave a tax cut to virtually every taxpayer in America. law and our tax code help Texans and Americans thrive: Cruz has fought for reforms to ensure that U.S. A permanent increase in Alternative Minimum Tax (AMT) exemption.A permanent increase in estate and gift tax exemption.A permanent extension of changes to individual deductions, including SALT.A permanent increase in the limitation on charitable contributions.A permanent increase and modification of the Child Tax Credit.A permanent extension of the increase in the standard deduction.A permanent extension of the lower rate for pass-through entities.The legislation to make tax cuts permanent includes: This would bring the capital gains tax in line with other sections of the U.S. The bill would index certain assets to inflation for the purpose of determining a gain or loss. The Capital Gains Inflation Relief Act would change the way taxpayers determine capital gain and the taxes due on such gain, by allowing taxpayers to use an inflation-adjusted cost basis. We should put partisan politics aside and pass this important legislation.” ![]() They would spur growth in Texas and across the country, and would help families deal with the real problems they face. These bills would take inflation into account, and support American taxpayers during these difficult economic times. Short of that, we should be doing everything possible to reward wise investment, and support middle class families. ![]() “We should reform our tax code to make it simple, fair, and easy enough to fit it on a post card. Cruz’s legislation to make tax cuts permanent. Bill Hagerty (R-Tenn.) and Mike Braun (R-Ind.) are co-sponsoring the Capital Gains Inflation Relief Act, and Sen. Ted Cruz (R-Texas), Ranking Member of the Senate Commerce, Science, and Transportation Committee, today reintroduced the Capital Gains Inflation Relief Act, and legislation to make permanent the 2017 Tax Cuts and Jobs Act’s middle class tax cuts.
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