PROPERTY TAXES IN TEXAS: Millions of Texans could see the savings as soon as this fall if the plan authored by State Sen. Paul Bettencourt clears both chambers and gets the governor’s signature. tx propertytaxes kprc2 click2hou
Millions of Texans could see the savings as soon as this fall if the plan authored by State Sen. Paul Bettencourt clears both chambers and gets the governor’s signature.“This is off the charts positive for everybody involved in school taxation in Texas,” Sen. Bettencourt said.
“That exemption will stay with you wherever you go for as long as you own the home,” Sen. Bettencourt said. The tax cut plan also brings a nearly 24% reduction to school district maintenance and operation tax rates for the next two years. Lawmakers have been debating a deal since the beginning of the year, reaching an impasse as each chamber had different approaches to solving the same issue.
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