Summary of Tax Law Changes Enhanced by the 77th Texas Legislature

October 01, 2001

It was another busy session for the Texas Legislature. By the end of the 77th Texas Legislature, 1621 bills were passed by the House and Senate. Of these bills, Governor Rick Perry signed 1507 bills into law. The following is a compilation of the 111 new tax laws.

In order to comply with certain U.S. Treasury regulations, we are informing you that any U.S. federal tax advice that may be contained in this document is not intended or written to be used, and cannot be used, by any person for the purpose of (i) avoiding any tax penalties that may be imposed by the Internal Revenue Service or any other U.S. federal taxing authority or agency or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein.

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