AUSTIN, TX – Today, members of the Texas Senate Committee on Finance were charged with studying and recommending ways to further reduce the tax burden on property owners. Texas Public Policy Foundation’s Center for Local Governance Director James Quintero issued the following statement on the interim charge:
“Property taxes in Texas are among the highest in the nation. In 2012, Texas’ local governments collected almost $1,600 per person in property taxes, which rates as the 14th highest nationally. That burden, propelled by out-of-control local spending and debt, only continues to grow worse. As the committee begins to examine this issue in earnest, it’s my hope that members will recognize the need to enact lasting reform, such as limiting the growth of property tax revenues from year-to-year.”
For more information or to request an interview with Mr. Quintero, please contact Caroline Espinosa at [email protected] or 512-472-2700.
James Quintero is Director of the Center for Local Governance at the Texas Public Policy Foundation.
The Texas Public Policy Foundation is a non-profit, free-market research institute based in Austin, Texas.