In this Issue House Passes Senate Bill 2 (Property Tax Reform Bill) Senate Education Committee Votes Out School Finance Bill House Passes Senate Bill 2 (Property Tax Reform Bill) After a seven-hour debate, the House substitute for SB 2 passed the House of Representatives on second reading on Tuesday with a vote of 107—40 ( see…

In this Issue Ways and Means Advances Problematic Version of SB 2 Senate Lays Out School Finance Bill House Ways and Means Committee Advances Problematic Version of Senate Bill 2 Senate Bill 2 is the omnibus property tax bill that: Limits the amount of property taxes jurisdictions may raise, Creates a “real time” tax notice…

Senate Property Tax Bill Approved After approximately 3 hours of debate and consideration of 25 amendments in addition to Chairman Paul Bettencourt’s floor substitute (Amendment #1), SB 2 passed the Texas Senate on Monday afternoon. The party-line vote on 3 rd reading was 18 to 12, with Sen. Eddie Lucio present but not voting. Only one amendment was accepted…

In this Issue Chapter 312 and 313 Bills Overwhelmingly Pass House Property Tax Reform Bills Stalled Leadership Announces Support for “Tax Swap” Senate Unanimously Approves HB 1 General Appropriations Bill Chapter 312 and 313 Bills Overwhelmingly Pass House Earlier this week, the Texas House of Representatives overwhelming passed two key bills that protect the State’s…

In this Issue Property Tax Incentives in the Crosshairs Busy Week Ahead for Ways and Means Committee Big Property Tax Push Next Week Senate to Take Up General Appropriations Bill Senate Property Tax Committee Hearing Agenda for 4/9/19 Property Tax Incentives in the Crosshairs The House and Senate took steps in opposite directions this week…