Texas House and Senate reach a deal on how to cut property taxes

After a monthslong standoff among Texas’ top Republicans, state GOP lawmakers finally struck a deal Monday on how to cut Texans’ property taxes. The $18 billion compromise between the Texas House and Senate — which includes more than $5 billion approved for relief in 2019 — would give increased tax relief for the state’s 5.7 million homeowners and create a tax-credit pilot program for non-homesteaded properties.
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