Real Estate Council of Texas
RECsTX in the News
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MEDIA INQUIRIES: contact Ryan Poulos at ryan.poulos@reca.org
 
October 14, 2013
VOTE YES on PROP 6 on Nov. 5th!! Proposition 6 would move $2 billion from the state’s rainy-day fund to a fund administered by the water board to finance water projects over the next 50 years. <Read more>
 
March 6, 2013
The Real Estate Councils of Texas, a coalition of the largest urban commercial real estate organizations in the state, met in Austin today to lobby the Texas Legislature. <Read more>
 
October 22, 2012
The Supreme Court of Texas on Friday struck down a challenge by Nestle Inc. and two other businesses targeting the state's franchise tax.
 
October 2012
The real estate industry accounted for 8.4 percent of Texas' gross domestic product (GDP) in 2011 compared with 11.7 percent for the United States
 
September 18, 2012
The Supreme Court of Texas will hear arguments Tuesday in a case that could change the way Texas taxes business and has implications for the way the state funds schools.
<Read more>
 
February 13, 2012
A second challenge to the state margin tax was dismissed by the Texas Supreme Court, which said that it did not have the legal authority to hear the case. <Read more>
 
May 30, 2011
On Monday, May 30, the 82nd session of the Texas Legislature ended. In the very last hour, the legislature passed a budget totaling $172.4 billion for the 2012-2013 biennium, $15.2 billion less than the 2010-2011 budget. <Read more>
 
February 22, 2011
Representatives of the commercial real estate industry descended on the state capital today to remind lawmakers of the pivotal role real estate development plays in the Texas economic recovery. <Read more>
 
February 23, 2010
The Real Estate Councils of Texas, a coalition of the largest urban commercial real estate organizations, met in Austin last week to identify and prioritize issues for next year's 82nd Texas Legislature. <Read more>
 
March 4, 2009
Commercial real estate, suffering through its worst year in decades, has been cut a break with a proposed bill by Sen. Florence Shapiro, (R-Plano), to amend the business franchise tax, or as some call it, the margin tax. A House version and a sponsor will be put into place in the coming weeks before the state legislature. <Read more>
 
March 3, 2009
Sen. Florence Shapiro, R-Plano, has filed legislation that would exclude pass-through payments from the state’s 2007 revised franchise tax. Also referred to as the margin tax, the revised franchise tax currently includes pass-through payments in a commercial landlord’s total taxable revenue. <Read more>
 
March 3, 2009
Senator Florence Shapiro (R-Plano) filed legislation Monday that would exclude certain commercial lease expenses, called pass-through payments, from the state’s revised franchise tax that went into effect in 2007. <Read more>
 
November 21, 2008
The Real Estate Council of Austin and other metro-area commercial real estate associations in Texas have formed a statewide coalition to monitor and advocate on legislative issues that impact the industry. <Read more>
 
November 13, 2008
Urban Commercial Real Estate Developers Create new Association for Upcoming Season. <Read more>
 
November 13, 2008
Representatives from the state’s commercial real estate development associations today announced the formation of a statewide coalition, the Real Estate Councils of Texas, to monitor and advocate on legislative issues that are important to the industry. <Read more>