Submitted by Kate Zaykowski
AUSTIN —Texas State Senator Ken Paxton, R-McKinney, who sits on the Education, Government Organization, Intergovernmental Relations, and Jurisprudence Senate Committees and is the Vice-Chair of the Transportation Committee ends the legislation filing period with 40 bills filed.
“We have spent the first 60 days of session talking with folks from home and working on legislation that addresses the issues we face in North Texas and across the state,” said Sen. Paxton. “I am optimistic about the legislation we filed and look forward to working with my Senate colleagues to reduce the impact of government on individual freedoms, protect state sovereignty, and promote family values.”
Some of the legislation Senator Paxton has filed or joint authored include:
Senate Joint Resolution 25 & Senate Bill 309: This legislation constitutionally dedicates gas tax revenue to the state highway fund by September 1, 2019, and phases out the diversions from the highway fund. The bill also dedicates the existing sales tax revenue from the sale of tires and auto parts to the highway fund.
Senate Bill 23: Senator Paxton joint authored Chairman Patrick’s legislation that allows businesses to donate to the Equal Opportunity Scholarship Program and receive a credit against their franchise or insurance premium tax liability. The donations would be distributed by non-profits to children currently in public schools. Recipients must be low income or at risk of dropping out. Among these children, priority is given to those in failing schools.
Senate Bill 179: This legislation would phase out the franchise tax over the next two biennium by reducing the tax by 25% each fiscal year. The tax would be eliminated on December 31, 2016. The bill would maintains the $1 million exemption and eliminate the $50 penalty on businesses that do not owe a tax but file the tax forms late.