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The Texas Tribune

National

By Joshua Fechter

Texas homeowners could see lower property tax bills if deal from Republican lawmakers passes

Morgan Meyer Texas Republican Paul Bettencourt

Homes along Lake Austin on March 06, 2023, — Homes along Lake Austin on March 06, 2023. (Credit: Jordan Vonderhaar for The Texas Tribune)

Lawmakers in the Texas House and Senate have brokered a deal on how to lower Texans’ property taxes, tax-cut proponents from each chamber said Monday.

A group of legislators has agreed to a tax-cut package that would increase tax breaks for homeowners, provide bigger cuts for older and disabled Texans who own their homes, and increase an inventory tax exemption for businesses.

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