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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


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Economy Politics State government Dade Phelan Dan Patrick Housing Property taxes