Second Special Session Begins As Texas Lawmakers Did Not Reach Property Tax Deal

The standoff between the House and the Senate over a property tax relief in Texas is heading into a third legislative session. As a result, Governor Abbott called for a second Special Session to discuss the agenda once again.

The House and the Senate in the state of Texas are still at an impasse over a property tax relief for the residents. To date, it is now heading into a third legislative session without any indication of reaching an agreement.

According to Fechter, in late May, after the lawmakers in Texas could not come to a deal over a property tax relief, Governor Greg Abbott immediately called them back for a Special Session. However, as the first Special came to an end, the lawmakers failed to reach a compromise once again.

READ ALSO: Does School Have To Pay Property Tax? Abbott Says Texas Can Get There, But There Are Difficulties To Solve

Second Special Session

According to Heinz, on June 27, Abbott immediately called for a second Special Session that intends to focus on the property tax relief agenda only. Reportedly, the lawmakers were given 30 days to reach an agreement on how to utilize the $32.7 billion worth of budget surplus to help reduce the property tax bills.

If the lawmakers agree to increase the Homestead Exemption, there will be a decrease in the amount of a house’s value that can be taxed to pay for public schools. Nonetheless, voters in the state will still have to approve the tax relief plan during a constitutional amendment election.

READ ALSO: Abbott Foresees Extended Battle Over Property Taxes In Texas, Hints At Multiple Special Sessions