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The Texas Tribune
The Texas Tribune
National
Joshua Fechter

Why tax policy experts fear the Texas House plan to lower property taxes could have dire ripple effects

A home purchased through the Community Land Trust, a nonprofit organization that aims to make homeownership affordable for low-income households, sits in Acres Homes in Houston, on Wednesday, Dec. 14, 2022. Despite its goal of creating more than 1,000 permanently affordable homes in five years, the Community Land Trust has only 100 homes in its trust and the city of Houston may cut its funding significantly.
A home in the Acres Homes neighborhood in Houston on Dec. 14, 2022. (Credit: Callaghan O'Hare for The Texas Tribune)

The question of how to cut taxes for Texas property owners sparked one of the biggest fights between state lawmakers this year — but when it’s all said and done, either chamber’s proposal would save the typical homeowner about the cost of a nice dinner date each month.

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