Property taxes

A new law creates a commission to recommend changes to address rising property tax bills and ensure the system is sustainable for local governments and school districts.

Flush with bond authorization from the Nov. 7 election, officials are formulating issuance plans, while Colorado's governor called lawmakers back to session after a property tax cut measure was defeated by voters.

A group of taxpayers argue that a property tax increase approved by Austin voters in 2020 for light rail cannot be used to support bonds.

Most states continue to fare well, despite economic shocks and weakening revenue growth.

Legislative leaders said they agreed to an $18 billion package that includes a reduction in school property taxes and a higher homestead exemption.

With no agreement on how to structure a historic property tax cut, Gov. Greg Abbott ordered state lawmakers back for a second special session.

The work from home environment will reduce city property tax collections in coming months and years, analysts say, creating financial issues.

A bill passed this week would place a measure on the November statewide ballot to prevent growing home values from raising property taxes.

Lawmakers resurrected a bill vetoed by Gov. Brad Little after amending it to remove a clause that jeopardized a transportation bond deal.

The House and Senate differ in their approaches to lowering property taxes by billions of dollars as the state anticipates a record budget surplus.