Texas homeowners are one step closer to receiving a property tax break after Senate approves bill
For the past several years, Republican state lawmakers have pushed to rein in rising property tax bills. That push culminated in 2023 with $12.7 billion in new tax cuts, including a boost to the state's homestead exemption and billions of dollars for school districts to reduce how much they collect in property taxes.
After months of negotiation, Texas Gov. Greg Abbott signed a $12.7 billion property tax relief package, known as Proposition 4, into law in August. But the new law would have meant nothing if ...
Texas homeowners could save hundreds of dollars in annual school property taxes, building on the massive cuts lawmakers and voters approved in 2023, if a $22.7 billion state Senate priority ...
On top of that, a new study revealed that Texas homeowners have lost billions of dollars over the past three years in property tax payments. Property tax consulting company Ownwell conducted a ...
Texas state tax has pros and cons. The statewide sales tax rate of 6.25% is a bit high, and localities can add 2%. Property taxes in Texas are also on the high end but were recently ...
Tax season has just begun and property taxes are top of mind, as many have upcoming deadlines to pay property taxes.
These include creating a school voucher-like program and lowering Texans’ property taxes. “Texas is the most powerful economy in America. Ranked as the best state for doing business for 20 ...
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