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A state law backed by Gov. Greg Abbott and business lobbying groups to stop cities and counties from passing progressive policies is scheduled to take effect Friday. A Travis County judge declared it unconstitutional.
A report by the Federal Reserve Bank of Dallas researchers say that economic growth, low taxes and big cities all can keep residents in their home states.
At least 8,500 acres of Texas land have burned since Aug. 1. The governor’s disaster declaration allows included counties to access state resources to fight wildfires.
Legislation passed this month would raise the state’s homestead exemption to $100,000, lower schools’ tax rates and put an appraisal cap on residential and commercial properties, among other measures. But voters must approve a constitutional amendment first.
At a time when the state has some of the nation’s highest property taxes, the initiative was a cornerstone of his 2022 reelection campaign.
One year after a devastating drought, Texas agriculture watchers are wary that the positive effects of a wet spring could be zapped up with extreme heat.
The deal would channel $12 billion to reduce the school property tax rate for homeowners and business properties, increase the homestead exemption, and create a pilot program to reduce taxes on certain residential and commercial properties. The legislation is expected to pass later this week.
No other public universities use race as a factor, but Texas private schools like Rice and Southern Methodist University will be impacted.
Gov. Greg Abbott quickly called lawmakers back to the Capitol for round two, hoping to break an impasse that has outlasted the regular session and one overtime period.
