Posted on
Thursday, September 04, 2008
Thursday, September 04, 2008
TIF Tax Removed From Phone Bills
The TIF tax is coming off Texans' phone bills this month. Those who had a phone bill of $50 will see a savings of 63 cents.
The Telecommunications Infrastructure Fund, a 1.25 percent surcharge, had been assessed on monthly wireless, long-distance, local telephone and paging bills.
The Legislature repealed the surcharge during the last session. It was created in 1995 to pay for the expansion of broadband Internet and digital communications networks in the state, especially in rural areas.
In recent years, the tax generated about $200 million annually, according to information from Lt. Gov. David Dewhurst.
Legislators and consumer groups had said the TIF had accomplished its goal and called for its repeal.
In recent years, the tax generated about $200 million annually, according to information from Lt. Gov. David Dewhurst.
Legislators and consumer groups had said the TIF had accomplished its goal and called for its repeal.
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