August 10, 2017 In this issue: Update on Special Session Property Tax Reform Legislation TTARA Releases Review of the Texas Budget, 2018-19 Update on Special Session Property Tax Reform Legislation In the next two days, the House and Senate may make substantial progress towards the special session’s goal of property tax reform. The Senate Committee…

August 7, 2017 Chapter 313 Repeal Bill Filed Senator Lois Kolkhorst filed SB 116 on Friday, which would repeal Chapter 313 of the Tax Code. This chapter allows school districts to offer a temporary limitation on the taxable value of certain new investment projects and may be the single most important economic development program Texas…

August 4, 2017 In this issue: House Passes Three School Finance Bills to Third Reading and Kills One Property Tax Elimination Bill Passes Out of House Committee Property Tax Update House Passes Three School Finance Bills to Third Reading and Kills One HB 21 by Huberty. In a “deja vu all over again” moment, the…

House Passes HB 32—Taxpayer Empowerment Act With six amendments, HB 32 was approved by the House on third reading today and is on its way to the Senate. HB 32 replaces the current tax estimate incorporated into property appraisal notices with a real-time tax estimate based on final value and each taxing unit’s proposed tax…

House Committee on Ways & Means to Consider SB 1—Property Tax Reform and Relief Act—Today The Committee just posted a meeting for 3:30 p.m. in the Agriculture Museum on the first floor of the Capitol. TTARA will report on the outcome of that meeting. House to Consider HB 32—Property Taxpayer Empowerment Act—on Wednesday, August 2…