The Texas State Capitol in Austin, TX on Jan. 6, 2022.  Gabriel C. Pérez/KUT

Politics

Texas Legislature passes record $18 billion property tax relief package

Posted on · The House passed Senate Bills 2 and 3, providing property tax relief for homeowners and business properties and franchise tax relief for small business owners. The property tax cut, which must be approved by voters in November, would be the largest in Texas history.

Politics

Texas House and Senate reach deal on $18 billion property tax cut package

Posted on · The agreement, which could pass the Legislature by the end of the week, includes a $100,000 homestead exemption and a pilot project to limit appraisal growth to 20% on non-homesteaded properties worth $5 million or less.

Lieutenant Governor Dan Patrick and House Speaker Dade Phelan
Lt. Gov. Dan Patrick.

Politics

Senate Republicans aim to cut property taxes by a combined $16.5 billion, more than half the state’s surplus

Posted on · Lieutenant Governor Dan Patrick and Senator Paul Bettencourt signaled potential friction with the House over the lower chamber’s proposal to use an appraisal cap to hold down property tax growth.

Page 1 of 11