Update on Tax Relief Package 88th 2nd Called Special Session During a hearing held today, the House Ways and Means committee took up the proposed tax relief package, which consists of HB 2 (school tax rate compression and exemptions, appraisal limitations and administration), HB 3 (franchise tax exemption and exclusions) and HJR 2 (Constitutional amendment…

Lt. Governor Patrick and Speaker Phelan Announce Deal on Property Tax Relief Earlier this morning, Lt. Governor Dan Patrick and House Speaker Dade Phelan released a joint statement to announce their agreement on a potential $18 billion property tax relief package. The legislation is expected to be filed later today and then voted on sometime…

Property Tax Relief Goes to a Second Overtime Round Texas lawmakers convened yesterday, responding to the call from Governor Abbott. The Governor assigned lawmakers two tasks: Legislation to cut property tax rates solely by reducing the school district maximum compressed tax rate in order to provide lasting property-tax relief for Texas taxpayers. Legislation to put…

TTARA’s 88th Legislative Session Recap & Special Session Webcast Update Available Online (Login required to view webcast) During our latest webcast update held on June 21, 2023, the TTARA team provides a recap of the 88th Regular Legislative Session, as well as an update on the 1st Called Special Session. If you missed the webcast,…

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