Texas 2025 - 89th Regular

House Ways & Means Committee Mar 3rd, 2025

Meeting Video(s)

TX

Texas 2025 - 89th Regular

Ways & Means Mar 3rd, 2025 at 10:00 am

House Ways & Means Committee

The meeting focused on discussions surrounding bills HB9 and HCR1, aimed at providing tax relief and addressing disparities between residential and commercial taxpayers. Members expressed concerns over the rising property taxes and the burden small businesses have faced, particularly due to recent economic conditions. Testimonies from various stakeholders, including representatives from the Texas Oil and Gas Association and the Texas Association of Manufacturers, emphasized the need for equitable tax policies that would benefit all taxpayers. The committee was engaged in vibrant discussions, evaluating the implications and potential benefits of the proposed legislation.

Bills on the Agenda

TX

Texas 2025 - 89th Regular

Texas House Bill HB9

Filed
2/24/25  
Out of House Committee
3/19/25  
Voted on by Senate
 
Governor Action
 
Bill Becomes Law
 
Relating to an exemption from ad valorem taxation of a portion of the appraised value of tangible personal property a person owns that is held or used for the production of income.
TX

Texas 2025 - 89th Regular

Texas House Bill HJR1

Filed
2/24/25  
Out of House Committee
3/19/25  
Voted on by Senate
 
Sent toSOS
 
Proposed Const. Amend.
 
Proposing a constitutional amendment to authorize the legislature to exempt from ad valorem taxation a portion of the market value of tangible personal property a person owns that is held or used for the production of income.
TX

Texas 2025 - 89th Regular

Texas House Bill HB8

Filed
2/24/25  
Out of Senate Committee
 
Voted on by Senate
 
Governor Action
 
Bill Becomes Law
 
Relating to a reduction in the maximum compressed tax rate of a school district.
TX

Texas 2025 - 89th Regular

Texas House Bill HB22

Filed
2/25/25  
Out of House Committee
3/19/25  
Voted on by Senate
 
Governor Action
 
Bill Becomes Law
 
Relating to the exemption from ad valorem taxation of intangible personal property.