The Facts About Appraisal Caps

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Dick Lavine /(512) 320-0222 x 101

August 21, 2006

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On August 21, 2006, the Governor created the Texas Task Force on Appraisal Reform, which is widely expected to recommend capping the rate of appraisal growth. A lower appraisal cap would shift the burden of property taxes onto lower-income families, tax similar properties differently, and discourage the sale of real estate.