Happy Friday!
This week, the Texas Legislature is back in the ring for Round 2, as Governor Abbott has called a second special session after the Legislature’s failure to pass long-overdue property tax relief.
Once again, Abbott charged the Legislature with passing legislation to provide property tax relief “solely” through compressing the school Maintenance and Operation (M&O) property tax rate, something Texans for Fiscal Responsibility and many other fiscal watchdog organizations have been calling for.
Both sides are sticking to their guns, with Speaker Phelan and the House siding with Abbott, while Lt. Gov. Patrick puts up a stubborn opposition.
Read all about this new special session HERE.
In other news, socialism is (quickly) on the rise in the Lone Star State, with the largest government spending increase in state history. For instance, Texas House Calendars Committee Chairman Dustin Burrows is proposing a “cap” on individual property tax bill increases year to year.
See more news and information below! 