With only six days left in the second called special session real property tax relief is being lowered into a shallow grave. HB 122, the strongest legislation that the Texas House has seen in years, seeks to apply 90% of the current budget surplus and future surpluses to significant property tax relief with the goal…
Month: August 2021
Bills Emerge In 2nd Special Session to Eliminate Property Taxes
At TFR we have been sounding the alarm that now is the time for property tax reform for months. We have put forth a practical and attainable plan to accomplish this. This message has resounded with grassroots and even other fiscal organizations. However, the more important question is, “will the Texas legislature move on this…
Property Taxes… How bad are they?
Local Governments Can Only Overpower Taxpayers If They Are Well Funded
There seems to be a common pattern in Texas politics when it comes to local governments. Whether it is increasing property taxes, subsidizing businesses, imposing mask mandates, or defunding the police, local governments seem at odds not only with the majority of taxpayers but also with the Texas state government. Over the last few sessions,…