SB 4 by Bettencourt: Property Tax Relief

Provides property tax relief in the form of School M&O compression for all Texans. Compression is the best form of property tax relief as it lowers taxes for all property owners equally and is permanent, not subject to being made null by inflation and other economic factors. For this reason, TFR Supports this bill, although we encouraged amendments to increase the amount of compression and a provision aimed at eliminating school M&O by using 90% surplus dollars until compression is 0%.