Watchdog: Behind the scenes on the new Texas property tax law and your future savings

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An inside look at how Texas lawmakers passed the biggest property tax reduction in U.S. history. Find out how much you can save and when the savings go into effect. Learn if seniors and disabled persons with frozen school taxes will also benefit from the new law. Spread the word that property tax cuts will take effect this year, resulting in significant drops in bills due on Jan. 31.

Quite a challenge for you to get the word out. How much will we save? When do the savings go into effect? Will seniors and disabled persons who already have their school taxes frozen save money under the new law?

If a picture tells a thousand words, this map by state Sen. Paul Bettencourt showed the complexities of his new property tax law. He predicts $18 billion will be returned to Texas taxpayers in the form of huge cuts in school property taxes. Here, he stands with Lt. Gov. Dan Patrick .It appeared that the Senate won more in negotiations than the House. Congrats on that.

Bipartisanship at its best. West explained, “We’re blessed to have a robust economy in the state of Texas. Money not needed for government services should go back to property owners.”Dallas Democratic state Sen. Royce West said Democrats in the Senate supported the Republican property tax cut package because "Democrats are property owners also."Several seniors contacted The Watchdog, worried they will not benefit because their school taxes are already frozen.

“The over 65s have nothing to worry about,” you emphasize. “Frozen tax bills will be recalculated to account for the increase in the homestead exemption.” For them, this means that future frozen rates will unfreeze, drop and then freeze again.A low point for you, senator, came when during the stalemate, Gov. Greg Abbott threw a hissy fit and vetoed 77 bills this year, many with notes saying, “That bill is nowhere near as important as the property tax bill.

You also inserted one of your pet ideas. Starting next year, voters in counties with more than 75,000 residents will elect during regular May elections three citizen members to an appraisal district’s board of directors.

 

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