Gov. Abbott wants to end property taxes, but is that realistic?
After months of delay, a plan to cut your property taxes is on the fast-track. On Wednesday, the Texas Senate passed a key portion of an $18 billion package that would help both homeowners and businesses.
Read MoreHere’s who would benefit from the Texas property tax relief plan advanced by GOP lawmakers
Texas Republican leaders on Monday ended months of gridlock over how to distribute roughly $18 billion in property tax relief over the next two years, striking a deal that resolved a key sticking point: how to distribute the savings between businesses and homeowners.
Read MoreProperty tax cuts hit the fast track as Texas House advances long-awaited agreement
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.
Read MoreHow is the state reducing property taxes? KSAT Explains
In the middle of a second special legislative session focused solely on property tax relief, lawmakers reached a deal.
Read MoreGov. Greg Abbott announces second special session to focus on property tax plan
On Tuesday, Gov. Greg Abbott announced Special Session No. 2, calling lawmakers back to the Texas Capitol “to provide lasting property tax cuts for Texans,” according to a press release.
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