Texas Lt. Gov. Dan Patrick’s $16.5 billion property tax relief plan soared through the Senate in a series of unanimous votes on the four-part package, which could bring hefty savings for millions of homeowners and business owners.
“The Senate’s Property Tax Relief package moved through the Senate like a bullet train 124-0 because all 31 Senators know Texas homesteaders and business owners need real property tax relief, and what this package delivers to Texans is permanent, off the chart’s tax relief,” Republic state Sen. Tom Bettencourt said in a statement following the Senate’s approval of the four-part package.
Texas is sitting on a record $33 billion surplus, the largest cash carryover on record for the Lonestar state, according to Texas Comptroller Glenn Hegar….