Texas AFT Backs First Bill to Close Tax Loopholes

Texas AFT testified today in support of a bill that would help balance the budget and pay for essential state services by repealing unjustified tax breaks. HB 658 by Rep. Mike Villarreal, Democrat of San Antonio, would eliminate an obsolete tax exemption and recover $10 million that the state is giving away each year for no good reason. Texas AFT hopes that starting with this bill the legislature will launch a systematic review and repeal of loopholes that divert billions of dollars a year from state coffers.