Texas Senate passes $16.5 billion package to lower property taxes

Texas Senate passes $16.5 billion package to lower property taxes

Democrats joined Republicans to pass the proposals that target the taxes homeowners pay and require school districts to lower tax rates. Texas Senate passes $16.5 billion package to lower property taxes was first posted on March 22, 2023 at 8:07 pm.©2021 "San Antonio Report". Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Pleas…

Texas Senate passes $16.5 billion package to lower property taxes

Texas Senate passes $16.5 billion package to lower property taxes

$16.5 billion in property tax relief passes the Texas Senate

The Texas Senate passed a $16.5 billion property tax relief package that could save Texas homeowners hundreds of dollars. The slate of bills now head to the...

Texas Senate passes $16.5 billion package to lower property taxes

Texas senators on Wednesday unanimously approved Lt. Gov. Dan Patrick’s agenda on property tax cuts this legislative session, which would pump billions of state dollars into public schools and give bigger tax breaks for homeowners and business owners. “This is off-the-charts, incredible property tax relief for millions of Texas homeowners,” said state Sen. Paul Bettencourt, a Houston Republican and Patrick’s point person on property taxes. Befor…

Texas Senate passes $16.5 billion package to lower property taxes

The $16.5 billion packaged will also require school districts to lower their tax rates.

Texas Senate passes $16.5 billion package to lower property taxes

Senators also passed — but were less sure about — Senate Bill 4. That bill would require the state to funnel at least $5.38 billion into public schools.