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The predecessor to the current comptroller's office started in 1846. The longest-serving Comptrollers in Texas history were Robert S. Calvert, who held the post for 26 consecutive years for an unprecedented twelve terms; George H. Sheppard, who served for 18 years over nine two-year terms; and Bob Bullock, who served for 16 years for four four-year terms and later was notable as one of the ...
University of Texas at Austin (BA) Carole Stewart Keeton (born September 13, 1939), formerly known as Carole Keeton McClellan, Carole Keeton Rylander and Carole Keeton Strayhorn, is an American politician and the former Texas Comptroller of Public Accounts. Elected to the comptroller's post in 1998 as a Republican, Keeton ran as an independent ...
Texas is one of the seven states of the United States with no personal state income tax. In addition, Texas does not allow any lower level of government (counties, cities, etc.) to impose an income tax. This means that, for the residents of Texas, the maximum rate of income taxation is the top rate set by the federal government.
The Texas Comptroller of Public Accounts started issuing biennially reports on limitation economic development projects in 2008. [ 40 ] In 2017, University of Texas political science professor Nathan M. Jensen released a study on the Chapter 313 program suggesting that 85 percent of the companies receiving the abatement would have located in ...
The government of Texas operates under the Constitution of Texas and consists of a unitary democratic state government operating under a presidential system that uses the Dillon Rule, as well as governments at the county and municipal levels. Austin is the capital of Texas. The State Capitol resembles the United States Capitol in Washington, D ...
Under the Texas Constitution the secretary of state is, with the governor, the lieutenant governor, the comptroller of public accounts, the commissioner of the Office of General Land and the attorney general, one of the six members of the Executive Department. Of these offices all are elected by the voters in statewide elections except the ...
Constitution of Texas (2022) at Wikisource. The Constitution of the State of Texas is the document that establishes the structure and function of the government of the U.S. state of Texas, and enumerates the basic rights of the citizens of Texas. The current document was adopted on February 15, 1876, and is the seventh constitution in Texas ...
A franchise tax is a government levy (tax) charged by some US states to certain business organizations such as corporations and partnerships with a nexus in the state. A franchise tax is not based on income. Rather, the typical franchise tax calculation is based on the net worth of capital held by the entity.