Property taxes

By the end of the 2023 legislative session, the Texas Legislature came to an agreement on how to fight the rapidly rising property taxes in our state. The result was an $18 billion tax relief package that: (1) increased the homestead exemption from $40K to $100K; (2) established a 20% appraisal cap for non-homestead properties; and (3) cut franchise taxes for small business owners. In the upcoming session, we will continue to look for ways to combat the explosive increase in property taxes so homeownership and rents can be affordable for all Texans.