Leaders of seven conservative organizations today called on legislators to “return the certified surplus to Texas taxpayers.”
Earlier this week the state’s new Comptroller, Susan Combs, certified for legislative use a $14.3 billion surplus.
Signing the letters are the heads of: Texans for Fiscal Responsibility, Texas Conservative Coaltion Research Institute, Texas Public Policy Foundation, National Federation of Independent Business, Free Market Foundation, Americans for Prosperity — Texas, and the Young Conservatives of Texas.
“While there is not currently a ‘rebate’ mechanism in the state constitution, there are several ways in which the surplus could be returned to the taxpayer,” they write. They recommend reducing the property tax more than was adopted in the 2006 special session, or reducing the impact of the newly adopted business tax.
The full letter is available online at:
https://www.empowertexans.com/files/returnthesurplus.pdf
