Skip to main content
Texas Legislature 2023

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.

A roofing crew begins to shingle a home under construction in the new Pavilion Park housing development on March 14, 2022 in north Midland.

Proposed temporary appraisal cap

Texans need truth. Help us report it.

Support independent Texas news

Become a member. Join today.

Donate now

Explore related story topics

Economy Politics State government Dade Phelan Dan Patrick Housing Property taxes