Texas House s property tax bill calls for $17 billion in cuts, tighter appraisal cap myparistexas.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from myparistexas.com Daily Mail and Mail on Sunday newspapers.
Texas House Speaker Dade Phelan’s proposal reveals the different roads the Texas House and Senate want to take on property taxes and the fight that might emerge between the two chambers this session.
Business groups warned lawmakers that Texas could lose business to other states without something to replace the so-called Chapter 313 tax break, which gave some companies big breaks on school taxes.
State tax systems are usually looked at as a three-legged stool property taxes, sales taxes and personal income tax. In Texas, our “stool” only has two legs.