Lawmakers in each chamber to pass a bill on specific Texas property tax reform after Gov. Greg Abbott called a second special session on June 27, after they failed to do so during the first special session.
Texas Property Tax Reform Is Still In The Process To Pass The Bill
House Speaker Dade Phelan met with Lt. Gov. Dan Patrick have talked about a lot of issues but mainly about Texas property tax reform and tax relief for needy Texas.
Corsicana News reported that this is the second special session called to address the Texas property tax reform since both chambers ended the 88th regular session Sine Die in late May.
A special session runs for a maximum of 30 days and July 12 marked day nine of the second session.
Following the start of the second special session, each chamber refiled the same property tax bills, seeming no closer to striking a deal than during the previous regular and special sessions.
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Abbott Plans to Fucos Only On Property Tax Cuts
Both chambers have approved rate compressions, but the House version removed its priority of appraisal caps and the Senate’s preference for homestead exemptions.
The Senate has declined to give up homestead exemptions, which its leaders said is the best approach to offer significant tax relief to millions of Texas homeowners.
Abbott said he plans to continue to urge special sessions concentrated only on property tax cuts until property tax cut legislation gets to his desk.
Abbott also stated that until the House and Senate both agree on a different proposal to supply property tax cuts, he will continue to call for ongoing property tax cuts through rate reductions and working toward eliminating the school property tax in Texas.