Texas 2025 - 89th Regular

Senate Finance Committee Apr 9th, 2025

Meeting Video(s)

TX

Texas 2025 - 89th Regular

Finance Apr 9th, 2025

Senate Finance Committee

The meeting focused on several key pieces of legislation, including Senate Bills 2018, 2206, and 1901. SB2018 aims to establish a tax credit for businesses contributing to non-profits that promote family stability, while SB2206 proposes a transition in Texas' R&D tax structure to support innovation and small businesses. Each bill drew significant attention and public testimony, highlighting their potential economic impacts and the importance of supporting local communities. Notably, public testimony revealed strong support and concerns regarding SB2206, particularly in relation to new job creation and economic growth versus the need for fiscal responsibility.

Bills on the Agenda

TX

Texas 2025 - 89th Regular

Texas Senate Bill SB214

Voted on by Senate
 
Out of House Committee
 
Voted on by House
 
Governor Action
 
Bill Becomes Law
 
Relating to a temporary exemption from sales and use taxes for certain residential heating, ventilation, and air conditioning systems and installation services.
TX

Texas 2025 - 89th Regular

Texas Senate Bill SB935

Voted on by Senate
 
Out of House Committee
 
Voted on by House
 
Governor Action
 
Bill Becomes Law
 
Relating to an exemption from certain motor fuel taxes for counties in this state.
TX

Texas 2025 - 89th Regular

Texas Senate Bill SB1030

Filed
1/31/25  
Out of Senate Committee
4/9/25  
Voted on by House
 
Governor Action
 
Bill Becomes Law
 
Relating to the exemption from sales and use taxes for certain aircraft components and other property required for normal aircraft operations.
TX

Texas 2025 - 89th Regular

Texas Senate Bill SB1901

Filed
3/4/25  
Out of Senate Committee
4/9/25  
Voted on by Senate
4/16/25  
Governor Action
 
Bill Becomes Law
 
Relating to the administration of the Texas Opioid Abatement Fund Council and Texas Opioid Abatement Trust Fund.
TX

Texas 2025 - 89th Regular

Texas Senate Bill SB2018

Filed
3/6/25  
Out of Senate Committee
4/9/25  
Voted on by House
 
Governor Action
 
Bill Becomes Law
 
Relating to the strong families credit against certain taxes for entities that contribute to certain organizations.
TX

Texas 2025 - 89th Regular

Texas Senate Bill SB2020

Voted on by Senate
 
Out of House Committee
 
Voted on by House
 
Governor Action
 
Bill Becomes Law
 
Relating to the exclusion of real property repair and remodeling services from sales and use taxes.
TX

Texas 2025 - 89th Regular

Texas Senate Bill SB2066

Filed
3/7/25  
Out of Senate Committee
4/10/25  
Voted on by Senate
4/16/25  
Out of House Committee
4/25/25  
Bill Becomes Law
 
Relating to the repeal of the Texas Research Incentive Program.
TX

Texas 2025 - 89th Regular

Texas Senate Bill SB2206

Filed
3/11/25  
Out of Senate Committee
4/9/25  
Voted on by House
 
Governor Action
 
Bill Becomes Law
 
Relating to a franchise tax credit for, and the application of sales and use taxes to, certain research and development expenses.