Texas Senate passes its property tax bill but still no compromise with the House.
The Texas Senate passed a new $12.7 billion property tax relief proposal on Tuesday that would provide tax cuts to home and commercial property owners – shortly after, Lieutenant Governor Dan Patrick called on the House to reconvene to consider the legislation.
However, the state's budget can handle the additional expense without issue and the new plan incorporates the"best parts" of what was discussed during a meeting of House and Senate negotiators this past weekend, Patrick said during a press conference he held on Tuesday. Abbott had initially suggested that property tax relief should be provided by tax compression only – sending state dollars to school districts to cut their tax rates. Phelan took the governor’s advice and passed a House proposal that included compression only.
The lieutenant governor has said that although House Speaker Dade Phelan gaveled out “Sine Die”, the House could find a way around this adjournment to return and review this new bill.
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