PROP TX-MIDDLE CLASS CREDIT

What it does

The legislature's own summary of the bill, or its official long title.

Amends the Property Tax Code. Creates a middle-class tax credit limited to a reduction in the equalized assessed value of homestead property owned by a middle-class taxpayer of 5% of the equalized assessed value of the property for the current assessment year. Provides that the maximum exemption is limited to $5,000. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Every action

7 steps, oldest first, as the legislature records them.

1. Feb 9, 2023SenateFiled with Secretary by Sen. Patrick J. Joyce
2. Feb 9, 2023SenateFirst Reading
3. Feb 9, 2023CommitteeReferred to Assignments · Senate Assignments
4. Feb 15, 2023SenateAdded as Co-Sponsor Sen. Michael E. Hastings
5. Feb 21, 2023CommitteeAssigned to Revenue · Senate Revenue
6. Mar 10, 2023CommitteeRule 3-9(a) / Re-referred to Assignments · Senate Assignments
7. Jan 7, 2025SenateSession Sine Die

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it, joined by 1 cosponsor: 1 Democrat.

• Patrick J. JoyceD Primary sponsor · District 40