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In our first story of the morning, the association provides an important update on a bill affecting our members, set to be heard today in the Texas House Ways & Means Committee.
Next, BOI reporting has been reinstated—find out the upcoming deadline and what you need to do to comply.
Also, TPGA is heading to San Antonio today for the first-quarter board and committee meetings. Will we see you there? Get all the details below.
Plus, don’t miss our Featured Grants section, where we highlight funding opportunities to support fleet transitions, including propane-powered options.
Finally, don’t miss our Quick Links section, where you’ll find weekly propane price updates, access to the Propane Service Corporation store, the GeneratioNext job board, and details on the upcoming LPG Charity Fund Poker Tournament.
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Texas Legislation to Greatly
Increase Inventory Tax Exemption | |
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Texas propane businesses may soon see relief from the burdensome Inventory Tax under a proposed bill in the Texas Legislature. HB 9, authored by Rep. Meyer, seeks to raise the exemption threshold for personal property tax (also known as the inventory tax) from $2,500 to $250,000.
Texas is one of only nine states that taxes a business’s tangible personal property, including inventory, machinery, furniture, and supplies—even if the business does not profit.
The proposed legislation is intended to reduce costs for small businesses, including propane marketers, by lowering their tax burden on inventory and other income-producing assets. If passed, the measure would go to Texas voters for final approval of the necessary constitutional amendment.
TPGA will continue to monitor the bill’s progress and provide updates.
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Beneficial Ownership Information (BOI) Reporting Requirement Reinstated | |
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What happened: Business organizations filed lawsuits to overturn the Corporate Transparency Act (CTA), which resulted in a pause on BOI reporting. However, on Tuesday, February 18, 2025, a federal court reinstated the reporting requirements.
What it means: Most corporations, LLCs, and similar entities formed or registered to do business in the U.S. must file their Beneficial Ownership Information (BOI) with the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) by March 21, 2025.
Advocacy groups continue the fight to overturn BOI reporting requirements in federal court and repeal it in Congress.
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March TPGA Board & Committee Meeting | |
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Join us in San Antonio, TX, for the TPGA Board & Committee Meetings on Tuesday, March 4, & Wednesday, March 5, 2025 in San Antonio.
Location: Hyatt Regency Hill Country Resort 9800 Hyatt Resort Dr. San Antonio, TX 78251
Schedule
Tuesday, March 4, 2025
📌 Hyatt Regency Hill Country Resort
- 9:00 AM – 10:00 AM | Finance Committee Meeting
- 10:00 AM – 12:00 PM | Legislative Affairs & T&S Committee Meeting
- 12:00 PM – 1:00 PM | Lunch & Learn: Cybersecurity
- 1:30 PM – 2:30 PM | Convention Planning Committee
- 2:30 PM – 3:30 PM | Executive Committee
- 3:30 PM – 4:30 PM | Membership Committee
All meetings will be held in Fredericksburg A- C. Lunch will be held in D.
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5:00 PM | Happy Hour (Canyon Long Bar - Onsite)
- 6:10 PM | Shuttle bus board for dinner at Viola's
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6:30 PM | Dinner at Viola's Ventanas
9660 Westover Hills Blvd | San Antonio TX 78251
Wednesday, March 5, 2025
📌 Hyatt Regency Hill Country Resort
- 9:00 AM – 11:00 AM | TPGA Board Meeting
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Agenda: Executive Director's Update, Technical & Standards Update, Texas Legislative Update, NPGA Update, Membership Update & More
Special Guests include Karley Bisbano, Alternative Fuel Safety Director of the Railroad Commission of Texas (RRC); April Richardson, Program Coordinator for the Oversight & Safety Division of the RRC, NPGA Chairman; Tom Van Buren; and NPGA Legislative Affairs, Rhett Johnson.
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Host Hotel Information
CHECK-IN/CHECK OUT
Check-in time is 4:00 pm | Check-out time is 11:00 am
PARKING
Self-parking is available at $10.00/day +8.25 % tax. Parking can be posted to your guestroom folio, or local guests can pay at one of four pay station locations around the resort.
Valet parking is available for $45.00/day+8.25% tax.
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Featured Grant: Texas Clean Fleet Program (TCFP) Grant Closing Soon
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The Texas Commission on Environmental Quality (TCEQ) is offering approximately $16 million in grant funding for fleet owners in Texas to replace aging diesel vehicles with new alternative fuel vehicles like propane. Grants may reimburse up to 80% of the cost of new qualifying vehicles.
This program has been popular with school districts.
Eligibility Requirements
Who Can Apply?
Grants are available for entities that:
- Own and operate a fleet of 75 or more on-road vehicles in Texas.
- Apply to replace at least 10 of those vehicles with new hybrid or alternative fuel vehicles powered by propane or other alternative fuels.
Eligible Projects
- Each application must include a minimum of 10 vehicles for replacement.
Click here for eligible areas.
Applications will be accepted until March 21, 2025.
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TEXAS PROPANE GAS ASSOCIATION |
8408 North IH 35
Austin, TX 78753
Email: info@txpropane.com
Tel: 800-325-7427
Fax: 1-512-834-0758
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HOURS OF OPERATION:
8:00 AM - 5:00 PM
Monday - Friday
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