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Old Posted Apr 14, 2019, 5:14 PM
mostly_afk mostly_afk is offline
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Join Date: Apr 2019
Posts: 53
testify

According to the Statesman, SB 1771 is scheduled for a hearing this Tuesday (April 16th). Here is a good article on how to testify before the committee.

https://www.texastribune.org/2017/04...texas-capitol/

It's ironic that in a session where our elected heroes are amped-up to restrict the growth in property taxes, that they would consider a bill that would increase taxes and discourage economic growth. All because the owner of the tax supported COTA is afraid of competition.

I seriously doubt that any benefit would come from the bill. If it passed, AISD is likely to grant an abatement. They have already said that any tax revenue that would come from the stadium would just get sucked by the state in recapture. Why help the state when AISD could just grant an abatement. The county and hospital district are a different matter. If taxes are applied the stadium, I have read there is a clause that allows for financial terms to be reworked. I can see community benefits get reduced since PSV would be paying taxes for similar benefits (i.e. swap low income housing for the hospital district low income health care property taxes).
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