Latest local news, weather and high school sports from Amarillo

Wednesday, May 22, 2013  Groups with tax-exempt status must have educational, charitable, religious or other charitable purposes and cannot be involved in elections or engage in substantial lobbying activity.

Wednesday, May 15, 2013  Justice investigating IRS targeting of tea party; government watchdog blames lax management

Tuesday, May 14, 2013  Acting IRS commissioner repeatedly failed to tell Congress that tea party groups were targeted

Thursday, April 04, 2013  Eyes on Facebook mobile event as social network evolves from Web-based roots

Friday, March 22, 2013  Gov. Susana Martinez has signed legislation aimed at simplifying New Mexico's tax code.

Tuesday, February 19, 2013  The Oklahoma State Board of Equalization is scheduled to determine exactly how much the Legislature has to spend for the coming fiscal year.

Tuesday, February 12, 2013  The New Mexico State Land Office says it brought in more than $52 million in revenue for public schools and other beneficiaries in January.

Monday, January 07, 2013  The state comptroller estimates that Texas will generate $92.6 bn in general revenue in 2014-2015 a major jump in tax collection from the last two-year budget cycle.

Monday, December 17, 2012  House Speaker John Boehner is offering $1 trillion in higher tax revenue over 10 years and an increase in the top tax rate on people making more than $1 million a year.

Thursday, December 06, 2012  The City of Amarillo recently renewed contracts with three of the biggest agriculture events to come to the Texas Panhandle, ensuring Amarillo's economy will continue to get a boost for the next three years.

Monday, December 03, 2012  The Legislature and Gov. Susana Martinez will have slightly more than $280 million to cover budget increases and tax cuts next year under a new revenue forecast outlined to lawmakers.

Tuesday, November 13, 2012  Oklahoma finance officials say solid revenue collections last month provide further evidence that the state's economy is continuing to improve.

Monday, November 05, 2012  State Treasurer Ken Miller says total revenue collections for Oklahoma in October are nine percent higher than October 2011 and show continued improvement in the state's economy.

Tuesday, October 09, 2012  After a disappointing revenue report in August, state finance officials are reporting collections to the state's general revenue fund returned to positive territory in September.

Friday, July 20, 2012  Some very unexpected and welcome news for state lawmakers as a windfall of $5 billion is being added to the state's bank account.