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Texas To Pass Legislation Providing Property Tax And Franchise Tax Relief | TaxConnections Texas To Pass Legislation Providing Property Tax And Franchise Tax Relief
On Monday, Texas Lieutenant Governor Dan Patrick and Texas House Speaker Dale Phelan released a joint statement announcing their agreement to propose legislation that will deliver “the biggest property tax cut in Texas history.” The proposed legislation comes in the form of HB 2/SB 2, HB 3/SB 3, and HJR 2, discussed further below. Property Texas To Pass Legislation Providing Property Tax And Franchise Tax Relief