The proposed relief would be split between a homestead exemption increase and school district tax rate compression.
Taxes
Report: Property Taxes Consist of Nearly Half of All State-Local Tax Revenue in 2023
Although the number of property-taxing units is rising, school districts still impose the largest property tax burden.
UPDATED: Texas Tax Dollars Funded Politico, Other ‘News’ Websites
State agencies have given $6.7 million to various news media operations, including hundreds of thousands of taxpayer dollars to left-leaning entities like the Texas Tribune and Quorum Report.
Gov. Abbott Pushes $10 Billion in Property Tax Relief, $4 Billion More Than Legislature
The tax relief proposal also includes increasing the business personal property tax exemption and closing loopholes exploited by local jurisdictions to raise taxes.
Corsicana Councilman Proposes DOGE-Style City Committee
Councilman Chris Woolsey said too many locally elected officials point fingers rather than fix problems.
Sen. Cruz Introduces Legislation to End Taxes on Tips
President Donald Trump says he will work with Congress to get the measure to his desk.
Proposed Measure Would Halt Texas Energy Market Distortions Caused by Federal Subsidies
State Sen. Sparks’ proposal orders Texas energy regulators to create rules to eliminate or offset distortions caused by the Renewable Electricity Production Credit.
Report: Public Utility Commission Yet To Begin Rulemaking for Energy Reliability Laws
Although the commission made assurances it was on schedule to meet statutory deadlines, a report indicates that it still needs to gather more data and hire more staff.
Texas Sues Biden Administration Over ‘Unlawful’ Methane Tax
Along with 22 other states, Texas is seeking to bar the final rule from taking effect on January 17.
Comptroller Reveals $23.76 Billion Surplus That Could Be Returned to Texas Taxpayers
Of the $194.6 billion available for general-purpose spending, $176.4 billion comes from general revenue-related funds, and $23.76 billion is in surplus.