Dueling tax proposals in the Legislature
The Texas House passed a bill promising $17 billion in tax relief, a measure that is at odds with the Senate’s tax break plan, according to the Austin American-Statesman. The House bill would lower by half a home’s cap on appraisal increases. It passed overwhelmingly, 141-9. However, Lt. Gov. Dan Patrick, who presides over the Senate, said that body will not approve it, preferring its plan to raise property exemptions from $40,000 to $70,000.
04/20/2023 12:00 AM