Lone Star Tea Party

Smaller Government - Lower Taxes - Personal Responsibility

Meeting starts @ 6:30 PM. Pantego Lions Club

3535 Marathon. Pantego, TX 76013

 

OUR Tax Assessor/Collector Mr. Ron Wright will present/address the key issues of this most critical pending legislation. IT’s YOUR MONEY!!!!!

 

Texas Senate Bill 2 - The Property Tax Reform & Relief Act of 2017

 A FEW Highlights of the bill include:

• Lowering the rollback tax rate from the current 8% to 4%

• Requiring automatic tax ratification elections if the taxing unit adopts a tax rate that exceeds the rollback rate, thus removing the onerous petition requirement in current statute

• Standardizing tax ratification elections across the state by requiring them to be held on general election dates

• Creating a Property Tax Administration Advisory Board in the Comptroller’s office to oversee the entire property tax process

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Next Meeting January 12, 2017

Posted by Dan Fernandez on January 9, 2017 at 9:29am 0 Comments

Meeting starts @ 6:30 PM. Pantego Lions Club

3535 Marathon. Pantego, TX 76013…

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