State Senator Paul Bettencourt (R-Houston) explained the Senate’s three unprecedented $16.5 billion Property Tax Cut Bills in the Senate Finance Committee hearing on Wednesday morning, and after hours of testimony SB 3 & SB 4 worth $15 billion in property tax relief were each passed out of the Senate Committee on Finance

Cuts to school property tax bills. Bigger tax benefits for homeowners. A controversial idea to limit property tax growth. Here’s what you need to know about the brewing property tax debate at the Texas Legislature.

“The good news is both the house and the senate right now are focused on how to return that money best back to the general public,” said Dale Craymer, Texas Taxpayers and Research Association.

Texas Senate Republicans unveiled their plan to lower property taxes Tuesday, touting a $16.5 billion package they estimate will save the average homeowner nearly $800 on their tax bills for the next two years.

Lt. Gov. Dan Patrick unveiled a property tax relief package Tuesday showing a continued divide between the leader of the Senate and House Speaker Dade Phelan on how Texas should spend a historic budget surplus to cut tax bills.