Property tax reform bills introduced

by | Feb 14, 2019 | Latest

Identical bills were filed last week in the Texas House of Representatives and Texas Senate that address reforms to the property tax system in Texas.

Announcement of the twin bills was made by their sponsors, Rep. Dustin Burrows and Sen. Paul Bettencourt, Speaker of the House Dennis Bonnen, Gov. Greg Abbott and Lt. Gov. Dan Patrick.

To denote the priority the bills carry, each 136-page proposal bears the number two, as in HB 2 and SB 2, immediately after the general appropriation bill for each legislative chamber.

“The House and Senate have taken the first step to accomplish meaningful property tax reform by filing legislation that will increase transparency in the property tax system, empower property owners to take a more active role in rate setting and slow the growth of property tax rates,” Bonnen said.

From Staff Reports • [email protected]

For the full story see the Feb. 14 edition or subscribe online.

0 Comments

Related News

Panthers race in Lewisville

Panthers race in Lewisville

The Princeton cross country team returned to action for their fourth meet of the year last Thursday at Lake Park in Lewisville. Senior Aubrey Leverton earned her second straight win of the season with a personal best of 19:46 in the girls varsity 5K.  Leverton,...

read more
Lady Panthers lose to McKinney North

Lady Panthers lose to McKinney North

The Lady Panthers started off district play last Friday. Princeton (18-12) played well in its preseason schedule. Matched up against some of the best 5A opponents, the Lady Panthers held their own. Princeton would need this momentum heading into one of the toughest...

read more
Class of 96 celebrates 25 years

Class of 96 celebrates 25 years

Princeton Independent School District will celebrate the Class of 1995 during homecoming festivities to commemorate the 25th anniversary of graduation. Every year, PISD recognizes the class that graduated 25 years before. The Class of 1996 will be honored at the...

read more
Collin County announces recovery plan

Collin County announces recovery plan

Collin County officials recently published the Collin County Recovery Plan, a 22- page document detailing the projects the county intends to fund using American Rescue Plan Act (ARPA) funds. Along with ARPA funds, the plan includes State and Local Fiscal Recovery...

read more
Local creative artists win big at State Fair of Texas

Local creative artists win big at State Fair of Texas

The State Fair of Texas Creative Arts contest dates back to 1886 and has showcased works from artists in multiple categories across the state. Among the winners in this year’s creative arts contest is Princeton resident Cynthia Hanson. Hanson, a retired surgical...

read more
CDC discuss recreation center

CDC discuss recreation center

Plans are moving forward for the recreation center in Princeton after Kimley-Horn presented an update on the center’s progress. Brittany Shake with Kimley- Horn presented the update to the Community Development Corporation during the Sept. 8 meeting. Shake said an...

read more
Budget and tax rate adopted

Budget and tax rate adopted

Princeton City Council held several public hearings and accepted the budget and tax rate during the Sept. 13 council meeting. The first public hearing concerned the tax rate and the second concerned the 2021-22 budget. Although no one spoke about the tax rate, mayoral...

read more
Panther lose district opener to Lovejoy

Panther lose district opener to Lovejoy

Points came early and often for Lovejoy (3-0, 1-0) as that state ranked squad built up a big 49-7 halftime lead, then went on to beat down Princeton (2-1, 0-1) 69-21. Princeton received the opening kickoff and moved the ball downfield for 2 first downs before being...

read more
Remembering 9/11

Remembering 9/11

September 11, 2021 marks the 20th anniversary of the 9/11 terrorist attacks. On September 11, 2001, 19 militants associated with the Islamic extremist group al Queda hijacked four airliners and carried out suicide attacks against targets in the United States. Two...

read more