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Senate Has Opportunity to Protect Families Hit Hardest by House Version of HB 3, the "Tax Relief Bill"

  

Author:
Dick Lavine /(512) 320-0222 x 101

March 22, 2005

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The House version of HB 3 would cut school property taxes, and offset the loss of revenue by raising the sales tax and other taxes, which would shift the burden onto lower- and middle-income Texans. The Senate is considering two options to protect low-income families: an exemption from sales taxes and a short-term pass-through to tenants of the benefit landlords receive from lower property taxes.