Texas 2023 - 88th Regular

Senate Finance Committee Mar 20th, 2023

Meeting Video(s)

TX

Texas 2023 - 88th Regular

Finance Mar 20th, 2023

Senate Finance Committee

The Senate Committee on Finance convened to discuss various bills focused primarily on tax relief for Texas businesses and property owners. Significant emphasis was placed on the committee substitute for SB5, which proposes adjustments to tax exemptions and credits based on stakeholder feedback. Additionally, members debated the implications of a proposed increase in the homestead exemption for disabled individuals and seniors. The committee moved several bills forward favorably for full Senate consideration.