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In one fell swoop, the Texas Supreme Court struck a huge victory for Texas tenants. The court-created "implied warranty of habitability" lasted for about a year. In 1979, the Texas legislature swiftly responded by enacting Section 92 of the Texas Property Code. [34] That statute comprehensively governs Texas landlord-tenant relationships.
Texas Tax Code Chapter 313 (aka the Texas Economic Development Act) creates a state tax incentive program for certain large businesses to limit the appraised value of their property for the purposes of local Texas public school district property taxes.
Senate Bill 2 tackles property tax issues, and House Bill 3 directly deals with school finance reform. House Bill 3 raised the amount per student each district is allotted from $5,140 to $6,030, and also reduces school property tax rates by about four percent per $100 in property value. [2] House Bill 1 is the overall budget for Texas.
Texas, Florida, Iowa, South Dakota, Kansas, and Oklahoma have some of the broadest homestead protections in the United States in terms of the value of property that can be protected. Texas's homestead exemption has no dollar value limit and has a 10 acres (4.0 hectares) exemption limit for homesteads inside of a municipality (urban homestead ...
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