Local government would lose, taxpayers keep $900 million as Texas property tax cap bill advances

That $900 million reduction for local operating budgets in 2021– which was estimated by the Legislative Budget Board — is money that property owners would keep in taxes they otherwise would pay if the bill does not pass.

Local government would lose, taxpayers keep $900 million as Texas property tax cap bill advances

AUSTIN — A bill to cap city property tax growth passed its first hurdle on Monday, and advances to a vote by the full Senate.The bill is projected…


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