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.
Lire la suite »
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
Lire la suite »
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.
Lire la suite »