Voters will have final say on billions of tax cuts for Texas homeowners, businesses
Voters will be asked to approve property tax cuts for Texas homeowners and businesses in November.
If voters agree, homeowners will see increased breaks on the taxes they pay toward school districts, with those above the age of 65 or living with disabilities seeing even bigger cuts, if Texas voters approve them in November. Business owners will get help, too, on the taxes they pay on their inventory.
Gov. Greg Abbott, a champion of tax cuts, said Friday he plans to sign the deal, one more procedural step before the fall election. Abbott urged voters to approve the increases.
“Never before has the Texas Legislature allocated more funds to provide property tax relief than they did this session,” Abbott said in a news release.
https://www.texastribune.org/2025/06/04/texas-legislature-property-tax-cuts-2025/