The Case for a Flat-Dollar Exemption

Dick Lavine

In the 2015 session, legislators considered a promising proposed constitutional amendment to give cities, counties, and other local taxing units the option of lowering property taxes through a flat-dollar homestead exemption. The measure passed the Senate and the House Ways & Means Committee with significant support, but failed to come up for a full House […]

Know Before You Vote: Props 1 and 7

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Early voting begins October 19 for the upcoming statewide elections, where Texans will vote on seven proposed constitutional amendments. CPPP encourages all Texans to learn about the implications of these proposed amendments for the future prosperity of our state. CPPP has a new breakdown of the impacts of Proposition 1, which would increase the homestead exemption […]

Down to the Wire

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Hundreds of bills have run out of time in the Texas Legislature, but a flurry of amendments and maneuvers mean several policy solutions – and some policy nightmares – still have a chance of passing. Here is a preview of upcoming action we’re watching and some of our work from the past week. What we’re […]

Flat-Dollar Homestead Exemption Benefits Homeowners and Municipalities

Dick Lavine, Senior Fiscal Analyst at the Center for Public Policy Priorities

In Texas, school districts grant residential homeowners a flat-dollar-amount homestead exemption of $15,000, but local governments are currently prohibited from doing the same. While they can offer percentage exemptions, the ability to offer flat-dollar-amount homestead exemptions would benefit both homeowners and local taxing entities. At present, more than 800 Texas cities, and more than half […]

Headline From the Future: Who Passed All These Short-Sighted Tax Cuts?

Dick Lavine, Senior Fiscal Analyst at the Center for Public Policy Priorities

Public attention is currently focused on the large tax-cut bills that both the House and the Senate passed, in different forms. The House plan, which would reduce the rates of the sales and franchise tax, would cut the amount of General Revenue (GR) available to fund the 2016-17 budget by $4.9 billion. The Senate plan, […]

Tax Policy Proposals Recap

Dick Lavine, Senior Fiscal Analyst at the Center for Public Policy Priorities

This week we’ve looked at a number of tax policy proposals coming out of the Senate, including those that are part of the $4.6 billion tax cut package announced by Senator Jane Nelson and Lt. Governor Dan Patrick. We’re concerned that these proposals take Texas in the wrong direction at a time when our population […]

Proposal Addresses Frustrations with Property Taxes

Dick Lavine, Senior Fiscal Analyst at the Center for Public Policy Priorities

On Tuesday, Senators Jane Nelson and Charles Schwertner drew much attention when they announced several major tax cut proposals, including a homestead exemption increase. As part of our week-long series on tax policies, today we’re looking at proposals to address frustrations with residential property taxes, such as the homestead exemption increase. While many of the […]

Building a Better Homestead Exemption

Dick Lavine, Senior Fiscal Analyst at the Center for Public Policy Priorities

A homestead exemption subtracts a certain amount from the appraised value of your home to arrive at the taxable value, on which your tax bill is based. Current law allows any taxing unit — including a city, county, school, or special district – to offer an exemption of up to 20 percent of your home’s value. In […]