Texas House Committee on Ways & Means Passes Property Tax Cut with Full Swap of Penny Sales Tax Rate Increase
AUSTIN— Today, the Texas Committee on Ways & Means passed House Joint Resolution 3, which would cut school districts’ maintenance and operations (M&O) property taxes with every dollar generated from raising the state sales tax rate from 6.25 percent to 7.25 percent. This legislation would need to be passed by both chambers and then approved...
Press Release May 1, 2019