Gov. Greg Abbott
Private equity companies purchased 44 percent of single-family homes in the U.S. last year and Texas Gov. Greg Abbott said he wants to address the market distortion in the 2025 legislative session. “I strongly support free markets,” Abbott wrote on X after reposting comments alleging that the investor rush into the single-family market is driving…
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After two special sessions and more than a few proverbial shots fired from both chambers of the Texas Legislature, Republican lawmakers reached an agreement Monday to provide property tax relief. The Texas Tribune broke the news Monday morning: The $18 billion compromise between the Texas House and Senate — which includes more than $5 billion…
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In a swift special session Tuesday, the Texas House of Representatives gave their counterparts in the Senate an option: take their proposal to use $12.3 billion to reduce school property taxes statewide or nothing passes this session. The move — hailed as the biggest property tax relief plan in Texas history — came just hours…
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Gov. Greg Abbott announced late Monday evening that the Texas Legislature will convene for a special session, and a No. 1 priority is to “cut property taxes for hardworking Texans.” As he was sworn into his third term in January, Abbott promised to use a big chunk of the state’s $33 billion surplus to cut…
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Going into the 2023 Texas Legislative session, the state’s $27 billion budget surplus has a lot of tongues wagging. However, it’s too soon to tell what kind of impact, if any, those extra funds will have on real estate-related issues such as property taxes and housing affordability. Both issues remained at the forefront of our…
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