Property values have risen exponentially over the past few years. The increased appraised values of properties have led to increased property taxes for all Texas residents. The House and Senate are working on a bill (S.B. No. 2) that is intended to provide property tax relief for homeowners.
The House and Senate are also working on S.B. No. 3, which is intended to relieve some of the administrative burden brought on by the Texas franchise tax for small businesses.
Texas Property and Franchise Tax Bills