The Texas House passed a bill promising $17 billion in tax relief, a measure that is at odds with the Senate’s tax break plan, according to the Austin American- Statesman. The House bill would lower by half a home’s cap on appraisal increases. It passed overwhelmingly, 1419. However, Lt. Gov. Dan Patrick, who presides over the Senate, said that body will not approve it, preferring its plan to raise property exemptions from $40,000 to $70,000.
In a press conference held Thursday, Patrick reiterated his opposition, saying appraisal caps do not have much effect on property tax bills.
“So let me be very clear, I’ve said before this session, I’ve said it at the beginning of session, I’ve said recently, you don't negotiate on bad math,” Patrick said.
