The Texas House and Senate have reached a compromise on a property tax reform measure
. The two chambers announced the deal Monday morning, calling it"the biggest property tax cut in Texas history."
The Texas comptroller forecast the state would have a $32.7 billion budget surplus. Governor Greg Abbott has said he wanted half that amount returned to taxpayers in the form of property tax cuts.
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Texas House, Senate agree to ‘biggest property tax cut in Texas history'After weeks of quarreling, the Texas House and Senate say they have agreed in principle on an $18 billion plan that will “deliver the biggest property tax cut in Texas history.”
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Texas House and Senate reach a deal on how to cut property taxesThe deal would channel $12 billion to reduce the school property tax rate for homeowners and business properties, increase the homestead exemption, and create a pilot program to reduce taxes on certain residential and commercial properties. The legislation is expected to pass later this week.
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Texas House and Senate reach a deal on how to cut property taxes, ending monthslong impasseAfter a monthslong standoff among Texas’ top Republicans, state GOP lawmakers finally struck a deal Monday on how to cut Texans’ property taxes (via Texas Tribune)
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Texas House and Senate reach a deal on how to cut property taxes, ending monthslong impasseThe deal would give $12 billion to reduce the school property tax rate for homeowners, reduce taxes on certain residential and commercial properties, and more. It is expected to pass later this week.
Les mer »
Texas House and Senate reach a deal on how to cut property taxes, ending monthslong impasseAfter a monthslong standoff among Texas’ top Republicans, state GOP lawmakers finally struck a deal Monday on how to cut Texans’ property taxes.The $18 billion
Les mer »
Texas House and Senate reach a deal on how to cut property taxesThe deal would channel $12 billion to reduce the school property tax rate for homeowners and business properties, increase the homestead exemption, and create a pilot program to reduce taxes on certain residential and commercial properties. The legislation is expected to pass later this week.
Les mer »