Jump to content
TedderVision
Sign in to follow this  
TexAgRepublican

Taxpayer Relief Act

Recommended Posts

ML Creighton: 72 hours to debate.

Quote

 

Governor Swanner, for himself, introduces

A BILL

To cap local property tax revenue growth and permanently cut state tax rates. 

SECTION 1. SHORT TITLE.

(a) This act shall be cited as the Taxpayer Relief Act.

SEC. 2. LOCAL PROPERTY TAX REFORM.

(a) Local property tax revenue in a particular jurisdiction shall not increase by more than 5 percent in a single year without the consent of a two-thirds majority of voters within that jurisdiction.

SEC. 3. CHANGES TO REGIONAL TAX CODE.

(a) The rates of state sales and use taxes in the FY2020 Appropriations Act shall be permanent unless altered by a new law.

(b) The rates of state income taxes in the FY2020 Appropriations Act shall be permanent unless altered by a new law. 

SEC. 4. ENACTMENT.

(a) This act shall take effect immediately. 

 

 

Share this post


Link to post
Share on other sites
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

×