The study says Texas taxpayers would have shelled out $6 billion more in property taxes than they did in 2021 if not for the two bills — the result of falling tax rates. But that doesn’t mean ...

Senate Bill 2, which details the proposed property tax cuts, passed the House 132-4; Senate Bill 3, a franchise tax relief bill, passed 127-5. House Joint Resolution 2, was approved 132-5.. The ...

The package could land on Gov. Greg Abbott’s desk by the end of the week. Voters must pass the plan in a constitutional election in November for it to take effect in the 2023 tax year.

Unlike programs in other parts of the country with the same name, the Texas proposal does not calculate property taxes based on a person’s income or ability to pay, nor does it specifically seek ...

CBS News Texas Live. Texas lawmakers signed off Saturday on a $338 billion two-year spending plan that directs billions toward hiking teacher pay, cutting property taxes and shoring up the state's ...

The package could land on Gov. Greg Abbott’s desk by the end of the week. Voters must pass the plan in a constitutional election in November for it to take effect in the 2023 tax year.

Texas homeowners have been struggling with escalating property taxes for years. After months of negotiation, the Texas Legislature passed a sweeping property tax relief bill in July that Gov. Greg ...

Texas voters will still need to give final approval to these tax cuts on the ballot in November. If approved, Texans would see the benefits on their 2023 taxes. Texas lawmakers passed landmark ...

The bill increases property tax relief by $40,000, and $150,000 for seniors, up from the current $100,000 homestead exemption approved in 2023's Texas legislative session.

In 2023, Lt. Gov. Dan Patrick said the property tax relief bill the legislature passed was “the largest property tax relief package in Texas history, and likely the world,” The Center Square ...

Texas leaders reach deal on property tax reform package 00:36. AUSTIN (CBSNewsTexas.com) – Texas Lt. Gov. Dan Patrick and House Speaker Dade Phelan have reached an agreement on proposed ...