:quality(75)/https://static.texastribune.org/media/files/aa5cab61144a5f1aa85adbba6a7ed79e/Georgetown%20Construction%20ST%20TT%2007.jpg?w=627&resize=627,376&ssl=1 "Property Tax Cuts Hit The Fast Track As Texas House Advances Long-Awaited Agreement")
The package could land on Gov. Greg Abbott’s desk by the end of the week. Voters must pass the plan in a constitutional election in November for it to take effect in the 2023 tax year.
Read More:quality(75)/https://static.texastribune.org/media/files/0ede83a05962611bc57401789e6fc09d/Permian%20Basin%20Oil%20Boom%20EH%20TT%2011.jpg?w=627&resize=627,376&ssl=1 "Texas House And Senate Reach A Deal On How To Cut Property Taxes")
The deal would channel $12 billion to reduce the school property tax rate for homeowners and business properties, increase the homestead exemption, and create a pilot program to reduce taxes on certain residential and commercial properties. The legislation is expected to pass later this week.
Read More:quality(75)/https://static.texastribune.org/media/files/d65f841cdab82f8ca9a7947b82533e04/Vistra%20Midlothian%20Power%20ST%20TT%2007.jpg?w=627&resize=627,376&ssl=1 "Texas Gets Million In Federal Funds To Strengthen Power Grid Against Extreme Weather")
The Texas Division of Emergency Management will decide how to use the money.
Read More:quality(75)/https://static.texastribune.org/media/files/2220c409de72452060210e36546da907/08%20I45%20Kelly%20Village%20HTX%20MG%20TT.jpg?w=627&resize=627,376&ssl=1 "As Texas Lawmakers Tussle Over Property Tax Relief, It’s Unclear Whether Renters Will Benefit")
Texas’ top Republicans are fighting over how to split property tax cuts between businesses and homeowners. Democrats want renters to see relief, too.
Read More:quality(75)/https://static.texastribune.org/media/files/d8d92399bdf118549fe78eb667043345/0526%20Lege%20Coverage%20Paxton%20BD%20TT%2012.jpg?w=627&resize=627,376&ssl=1 "Ken Paxton Will Not Testify At Impeachment Trial, Defense Attorney Says")
The Texas Senate could compel the suspended attorney general to testify, but members of his defense team say they will fight those efforts.
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