M

Help us fight

FOR YOUR TAX DOLLARS

 

Senate Bill 3: Testimony Before the Senate Finance Committee

by | Mar 15, 2023

Tim Hardin is the President/CEO of Texans for Fiscal Responsibility.

Senate Bill 3: Homestead Exemption Increase

The Texas Senate Finance Committee considered Senate Bill 3 or Lt., Gov. Dan Patrick’s legislative priority related to increasing the homestead exemption from $40,000 to $70,000.

Texans for Fiscal Responsibility (TFR) testified as neutral on the legislation as increasing the homestead exemption only benefits those who claim a homestead while also shifting the burden to other taxpayers. It also does not provide property tax relief in the form of compression which TFR believes is a superior approach and TFR remains concerned it does not provide a path to an elimination of the tax itself.


Texans for Fiscal Responsibility relies on the support of private donors across the Lone Star State in order to promote fiscal responsibility and pro-taxpayer government in Texas. Please consider supporting our efforts! Thank you!

Get The Fiscal Note, our free weekly roll-up on all the current events that could impact your wallet. Subscribe today!


You may Also Like..

The Special Session Agenda: A Win for Texas Taxpayers

The Special Session Agenda: A Win for Texas Taxpayers

On July 9, Governor Greg Abbott announced a robust agenda for a special session of the 89th Texas Legislature, set to convene on July 21. The agenda, detailed in a proclamation, includes a range of priorities that resonate strongly with the pro-taxpayer and pro-family...

SIGN UP FOR

OUR NEWSLETTER

Stay ahead of the curve with exclusive insights on tax policies, government spending, and legislative updates that impact your wallet. You’ll get hard-hitting analysis, actionable tips, and the latest news on our fight for fiscal accountability–delivered straight to your inbox.

Fiscal Buzz Home Page