Summary
Texas Governor Greg Abbott has proposed changes to property taxes in the state. His plan suggests giving voters more control over tax rates, including the possibility of eliminating property taxes for schools through referendums. Abbott's proposal would require a constitutional amendment to proceed.
Key Facts
- Governor Greg Abbott of Texas proposed changes to property tax rules.
- He suggested giving voters the power to decide on eliminating property taxes that fund schools.
- Abbott proposed requiring two-thirds voter approval for any future tax increases.
- The plan would need a constitutional amendment, requiring 100 votes in the Texas House and 21 in the Senate.
- Recent Texas voter-approved amendments provide tax relief for elderly and disabled residents.
- Texas does not have a state income tax, relying more on property and sales taxes.
- Abbott has been Texas governor since 2015 and is running for reelection.
