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SALT BlogĀ 

SALT Blog – State and Local Tax Blog

The State and Local Tax ("SALT") blog provides news updates and commentary about state and local tax issues.

You can expect to find relevant information about topics such as income (corporate and personal) tax, franchise tax, sales and use tax, property (real and personal) tax, fuel tax, capital stock tax, bank tax, gross receipts tax and withholding tax.


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Posts tagged SJR 52.

 by William Grimsinger

On April 28, 2011, the Senate Finance Committee considered Senate Joint Resolution ("SJR") 52.  SJR 52 was introduced by Senator Steve Ogden and would amend the Texas Constitution to: (1) create an exception to the so called Bullock Amendment (which prevents a business tax from applying to the incomes of natural persons and to income distributed by certain partnerships) and (2) pass a one year constitutional bar on the margin tax from January 1, 2014 to January 1, 2015.  If the resolution is approved, the proposed amendments to the Texas Constitution ...