Property Tax
Texas Senate Passes SB 4 to Raise the Homestead Exemption
On Thursday, the Texas Senate passed Senate Bill 4 (SB 4), the Senate’s initially proposed property tax relief legislation, which raises the homestead exemption for school property taxes. SB 4, along with it’s accompanying constitutional amendment SJR 2, will utilize…
Vote Notice 2.11.2025
Texans for Fiscal Responsibility has issued the following vote notice for February 11th, 2025 Texas House of Representatives None Texas Senate Subject: Senate Bill 4 (SB 4) – Property Tax Relief, Raising the Homestead Exemption Reminder: Vote Notices are provided to…
The Texas Legislature is Tiring of Property Tax Relief
A sentiment making its way around the Texas Legislature is that providing tax relief for property owners is “too big of a commitment.” An element of this sentiment was expressed several times in a recent Senate Finance Committee hearing where…
Governor Abbott’s State of the State Address
A Step Toward Fiscal Reform, But More Is Needed Governor Greg Abbott’s recent “State of the State” address highlighted several important priorities for Texas. While Texans for Fiscal Responsibility (TFR) commends the Governor’s efforts to address property tax relief and…
Proposed Property Tax Relief Falls Short in the 89th Texas Legislature
Texans Will Get Less Than $4 Billion Out of the $24 Billion Budget Surplus Executive Summary Though it is difficult to discern from recent statements made by Texas’ legislative leaders, the Texas Senate has budgeted only $3 billion for new…
TFR Statement On Current Texas Budget Proposals
AUSTIN, TX – On Wednesday, the Texas House and Texas Senate both introduced their proposed appropriation bills for the 2026-2027 biennium. The House version, HB 1, was introduced by State Rep. Greg Bonnen (R-Friendswood), while the Senate version, SB 1,…
Property Taxes Up Again in 2024
The News Comes Despite Promises of Tax Relief New data released by the Texas Comptroller’s office shows that property taxes increased for the second straight year, despite recent claims of property tax relief from politicians. Figure 1 shows the total…
Texas Property Taxes Rose in 2023 Despite Promises
The latest Biennial Property Tax Report from the Texas Comptroller confirms what many Texas homeowners and fiscal watchdogs, like TFR, already suspected: property taxes did, in fact, increase in 2023 by $650 Million despite promises of relief. While this news…
A Christmas Message from Texans for Fiscal Responsibility
Dear Friends and Fellow Texans, As the year draws to a close and the Christmas season is upon us, I want to take a moment to reflect on the blessings of the past year and share my heartfelt gratitude for…
Texas’ Economic Freedom: Threatened by Spending, Property Taxes, and Licensing
Texas shines as a top contender for economic freedom, ranking 5th in the United States in the latest 2024 Economic Freedom of North America (EFNA) report. Its lower-tax environment and flexible labor market have made the Lone Star State a…
Texas Spending is Out of Control
Texans know that economic freedom is the foundation of prosperity. Yet, despite Republican control of the Governor’s Office and Legislature since 2003, state and local government spending has grown far too much, burdening taxpayers and stifling even greater economic growth….
Texas: A Leader in Tax Competitiveness, But Room to Improve
Texas ranks 7th in the 2025 State Tax Competitiveness Index, benefiting from its lack of an individual income tax and a competitive unemployment insurance tax system. However, high property taxes, a complex corporate tax system, and excessive government spending, all…
Real Options for Eliminating Property Taxes in Texas
Property taxes are a financial burden that Texans can no longer afford to endure. Over the past 26 years, Figure 1 illustrates how property taxes have increased by an unsustainable 330%, far outpacing population and inflation growth of 136%. Figure…
Texas Spending in the Current Biennium Likely to Top $400 Billion
The old truism is that there are two certainties in life, death and taxes. I’d like to modify that slightly to death and government spending. After all, government spending is why taxes exist. No spending, no taxes. But there is…
The Case Against Dade Phelan (or a Dade 2.0) as House Speaker
As the 89th legislative session quickly approaches following tremendous GOP gains in the 2024 election, Republicans in the Texas State House are divided over leadership. An impending vote this weekend for House Speaker looms like a dark cloud over the…