This site was last updated: February 9, 2018
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Cy-Fair Republican Women
Welcome to our website and our club!
This is not an endorsement of Cy-Fair Republican Women PAC, its President, or its Campaign Activities Chairman, only candidate information to help you make an informed decision and get involved with the candidate of your choice.
Political advertising paid for by Cy-Fair Republican Women PAC, Micheline Hutson, PAC Treasurer, 11007 Wortham Blvd, Houston, TX 77065. Contributions are not federal tax deductible as charitable contributions. Corporate Contributions Are Not Permitted.
RSVP TO MEETINGS ON CFRW WEBSITE
All Republican candidates are invited to provide information about upcoming campaign activities and events and we will be happy to publish details. This is not a club endorsement, club president endorsement or campaign chair endorsement, only candidate information to help you make an informed decision and get involved with the candidate of your choice.
Solicitations made by Federal candidates and officeholders at events are limited by Federal law. The Federal candidates and officeholders speaking tonight are soliciting only donations of up to $2,400 from individuals and up to $5,000 from multi-candidate political committees. They are not soliciting donations in any amount from corporations, labor organizations, national banks, Federal contractors, or foreign nationals.
To RSVP and pay by credit card online please click on Red Eventbrite button here:
THANKS SO VERY MUCH TO OUR
SUPERIOR TABLE SPONSORS
Cy-Fair Republican Women would like
to recognize our generous table sponsors
at our Biennial Fundraiser
High Heels and High Tea
which was held on November 3, 2017
at Sterling Country Club
The February speaker will be Jay Guerrero who is the Regional Director for U S Senator John Cornyn’s office.
Hearthstone Country Club
7615 Ameswood Rd
Houston, TX 77095
Meeting 11:00 AM
Lunch 12:00 Noon
Please RSVP no later than February 6, 2018.
(If you plan to have lunch, please make your reservations by Tuesday, February 6, 2018.
COST WILL BE $23.00 PER PERSON for Lunch (Includes sales tax and Gratuity)
Icetea only $3.00
Cash or check at the door or register and pay online at Eventbrite or
make your reservation at the CFRW website at the links below.
Please join Cy-Fair Republican Women at our February 13, 2018 meeting!
The Texas Legislature
by Gail Schubot
(During 2018, when the Texas Legislature is not in session, we hope to focus on some of the legislation being considered by the United States Congress which may be of interest to our CFRW members.)
Final Amendment to Tax Reform Law Benefits Children’s Education
By way of background, “529 Plans” refer to the portion of the U.S. Tax Code which provides for the establishment of “qualified tuition programs” which permit families to invest money in accounts which can grow tax-free for school tuition and other educational expenses. For example, Texas offers two 529 plan programs: The Texas Tuition Promise Fund and the Texas College Savings Plan.
Up until the new Tax Cuts and Jobs Act passed, these tax incentives were limited to college-level education. In December 2017, an amendment was filed to the Senate’s version of the tax reform bill which provides for the expansion of 529 plans to also cover public, private and religious K-12 elementary and secondary school programs. The amendment was passed and ultimately incorporated into the new law. (It should be noted that the amendment originally sought to also cover homeschool students but was not successful in this regard.) The measure was observed as “helping working class and middle-income families save and prepare for their children’s educational expenses.”
Up to $10,000 per year of savings from qualified plans may be spent for children in the K-12 grade categories. The section of The Tax Cuts and Jobs Act addressing 529 Qualified Tuition Programs follows this article. Any adjustments to the existing Texas 529 plan programs to take into account the new law have not yet occurred and should be monitored.
As many of us continue to work on our personal and family goals for 2018 and beyond – and the budgeting to make them happen - the expanded 529 plan programs give us the added advantage of a new tool and resource.
Gail Schubot, CFRW Legislative Chair
January 22, 2018
Excerpt from The Tax Cuts and Jobs Act:
SEC. 11032. 529 account funding for elementary and secondary education.
(a) In GENERAL. —
(1) IN GENERAL.—Section 529(c) is amended by adding at the end the following new paragraph:
“(7) TREATMENT OF ELEMENTARY AND SECONDARY TUITION. —Any reference in this subsection to the term ‘qualified higher education expense’ shall include a reference to expenses for tuition in connection with enrollment or attendance at an elementary or secondary public, private, or religious school.”.
(2) LIMITATION.—Section 529(e)(3)(A) is amended by adding at the end the following: “The amount of cash distributions from all qualified tuition programs described in subsection (b)(1)(A)(ii) with respect to a beneficiary during any taxable year shall, in the aggregate, include not more than $10,000 in expenses described in subsection (c)(7) incurred during the taxable year.”.
(b) Effective DATE. —The amendments made by this section shall apply to distributions made after December 31, 2017.
Double Treasurer’s Note
Welcome to 2018, Election Year! It’s an exciting time for all Republican activists. While we are paying close attention to the Primary (March 6, 2018), please remember our short time restrictions for Texas Ethics Commission Reporting. Please be prompt in submitting expenses for reimbursement - at least a few days before the report must be filed. Filing an amended late report is very serious. Thanks for your co-operation and let’s concentrate on Get Out the Vote efforts this primary cycle.
Expenses Acquired From: Report Must Be Filed By:
January 1 – January 25 February 5
January 26 – February 24 February 26
February 25 – May 12 May 14 here to add text.
Cy-Fair Republican Women would like to invite you to join or renew your Membership for 2018 by clicking on the tab below and printing the Membership Form and mail in to Edith Gibson or bring to our meeting!