Taxes

Aycock Files Legislation For Veterans’ Property Tax Exemption

Austin, TX - November 14, 2008 - (RealEstateRama) – Monday, Representative Jimmie Don Aycock pre-filed House Bill 62, exempting persons who are 100 percent disabled or totally disabled as a result of a service-connected disability from all ad valorem property taxes on their homestead.

Villarreal Pushes Fairness For Homeowners & Students In Pre - Filed Bills

First Day of Pre-Filing State Legislation Highlights Policy Priorities
Austin, TX - November 10, 2008 - (RealEstateRama) – On the first day to pre-file legislation for the 81st session of the Texas House of Representatives, Rep. Mike Villarreal filed four measures to provide a more level playing field for homeowners paying property taxes and for students […]

Texans Encouraged to Lower Housing Costs Through Energy Star Appliance Sales Tax Holiday

Texans have an unusual opportunity to cash in not once, but twice on energy efficient products this Memorial Day weekend. Thanks to an Energy Star sales tax holiday May 24-26, Texans will not only pay less for items designed to use less energy, they will also enjoy the cost-saving benefits of lower utility bills. The […]

Select Committee On Property Tax Relief And Appraisal Reform To Hold Hearings Across Texas

AUSTIN – Chairman John Otto (Dayton) announced that the Interim Select Committee on Property Tax Relief and Appraisal Reform will hold their first meeting on Tuesday, June 17 in Travis County. The hearing will kickoff the first of seven public hearings scheduled across the state. The 13-member committee will take invited and public testimony on […]

Craddick Announces The Select Committee On Property Tax Relief And Appraisal Reform

Austin - April 23, 2008 - Speaker Tom Craddick (Midland), today, announced the formation of the Select Committee on Property Tax Relief and Appraisal Reform, which will oversee all matters relating to property tax relief and reforming the property appraisal system. Rep. John Otto (Dayton) will chair the committee and Rep. Ken Paxton (McKinney) will […]

Senate Passes Housing Relief Package, Includes Several Cornyn-Backed Amendments To Boost Housing Benefits For Veterans, Provide Tax Relief To New Homeowners

WASHINGTON - April 10, 2008 - U.S. Sen. John Cornyn, R-Texas, today voted in favor of a broad housing relief package, the Foreclosure Prevention Act of 2008, H.R. 3221, to restore confidence in the U.S. housing market and help to remedy the current foreclosure crisis. The legislation includes several amendments authored or co-authored by Sen. […]

Cornyn Supports Proposal For New Tax Credit For Homebuyers

WASHINGTON - January 30, 2008 - U.S. Sen. John Cornyn, a member of the Senate Budget Committee, today signed on as an original cosponsor of S. 2566, legislation introduced by Sen. Johnny Isakson, R-Georgia, that proposes a new tax credit for homebuyers. The $15,000 tax credit would be distributed over a period of three years […]

First-Time Homebuyer Mortgage and Down Payment Assistance Funds Available

AUSTIN, TEXAS – Travis County homebuyers can now get a 4% down payment assistance grant and 6.30% mortgage rate through a bond program issued by the Travis County Housing Finance Corporation. With a new 6.30% 30-year fixed rate mortgage, Travis County HFC has a $15.5 million single family bond program for 2007 that helps borrowers […]

Trademark files for tax incentives

CORPUS CHRISTI — The development company interested in buying and renovating Padre Staples Mall has filed a formal application for tax incentives.

New program would give tax breaks to renovators

The Corsicana City Council created a downtown revitalization district that will offer tax breaks for people fixing up buildings downtown.
Under the new ordinance, someone making improvements on their property could either get a refund on their city taxes, or could have their property appraisal frozen for a period of up to five years.