Will The Passage of Proposition 4 Affect My 2023 Property Tax Bill?

We’ve received several questions regarding how Proposition 4, the Texas constitutional amendment that gave property owners the largest tax break in history, will affect homeowners’ 2023 property tax bill. The deadline to pay property taxes for 2023 is Jan. 31, 2024.

While property taxes are pretty cut and dried for many homeowners, home buyers, and home sellers, the retroactive nature of Proposition 4 and how it affects 2023 property tax bills for Texans could complicate things.

We reached out to Scott Rooker, senior vice president and legal counsel of Republic Title, to find out what homeowners and home buyers need to know about their 2023 property tax bill now that Proposition 4 was approved by voters in the Nov. 7 statewide election.

“Prior to the vote on November 7, several counties assumed Proposition 4 would pass and provided property owners with either the tax amount due assuming the proposition would pass, or both the pre-Proposition 4 and post-Proposition 4 tax amounts,” Rooker said. “Individuals who paid their taxes between October 1 and November 7 should review their tax bill, which is available on the tax assessor collectors’ website, to determine if they paid the higher amount prior to passage of Proposition 4 or the adjusted amount due after the proposition passed.”

According to Republic Title senior vice president and residential counsel Sarah Mann, if you paid more than your due for your 2023 property tax bill, you should receive a refund from your county tax assessor-collector. An additional wrinkle to the property tax equation is that the tax break from Proposition 4 doesn’t affect just homesteads. Mann says that it could apply to both owner-occupied properties and non-homestead properties.

For residents of Dallas County, you can view your property tax bill here.