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Property Tax Reform Legislation

 

Speaker Pro Tem Dennis Bonnen (R-Angleton) filed House Bill 3 & 4 today.  House Bill 3 legislation contains property tax reform and property tax transparency measures package. House Bill 4 legislation creates a ratification election if a taxing unit (with property tax revenue in excess of $25 million annually) sets a property tax rate more than 5% greater than the effective tax rate. 

 

Combined, these two bills comprise the House property tax reform  Click here to view HB 3 and HB 4. .

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