3 proposed bills may affect estate planning in Texas

Budget: With a revenue shortfall predicted to top $4 billion, the new state budget will have to go on a diet, even as Abbott and legislative leaders hope that President-elect Donald Trump’s promises to bolster federal border-security initiatives and curb skyrocketing health care costs could save the state billions. Less money will affect passage of proposals with big price tags, including franchise tax reductions and tuition reforms, they agree.