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Pages tagged "HB 5"

Posted on Latest News by Valley Interfaith · May 31, 2023 11:44 AM

Two Years of Texas IAF Opposition Leads to HB 5 Reforms to Limit Giving of School Money for Corporate Tax Breaks

The Texas Senate and House passed a compromised version of HB5 that still fundamentally represents misguided economic development.  A 2-year campaign by Texas IAF and allies, however, led to major reforms in HB 5 compared to the now defunct and failed Chapter 313 program.  When these tax abatement deals are proposed at local school districts, there will now be a fair fight for taxpayers and public school supporters concerned about corporate welfare.  HB 5 Reforms to Chapter 313 include:

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