Texas Governor Appoints Don Huffines as State Comptroller
Texas Governor Greg Abbott appointed former state Sen. Don Huffines as comptroller of public accounts, effective August 1, after Acting Comptroller Kelly Hancock announced his resignation. Huffines, a conservative firebrand and immigration hard-liner, was once a political rival of Abbott but is now the Republican nominee for the position. Huffines will oversee the state's finances and is expected to play a key role in implementing Abbott's school voucher program. Democratic nominee Sarah Eckhardt criticized the appointment, calling it a politically motivated move that bypasses voters. The appointment runs through the end of the year, with the general election in November determining the permanent comptroller.
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Midland ISD Sues State Over Public School Funding and Recapture System
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The Midland Independent School District Board of Trustees has unanimously voted to pursue legal action against the state of Texas, targeting its public school funding mechanisms and recapture system. The lawsuit officially challenges the state’s 'Robin Hood' program, arguing that it grants minimal control over local taxes and prevents the district from properly serving its students. The litigation is set to be filed in Austin, aiming to rewrite aspects of school finance and recapture policies.
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John Healey Appointed UK Finance Minister; Sterling Holds Ground
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Government Rules Out Scrapping LTCG Tax on Equity Investments
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