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Legislative Wrap-Up and Big Tax Cuts

Fiscal Notes - Texas Capitol - Nov-Dec 2023

TEXAS, December 13 - Texas has benefited from record revenues, allowing the 88th Legislature to focus on an array of issues, such as salary support for rural law enforcement, investments in infrastructure and tax relief for property owners. In this month’s Fiscal Notes, we give a wrap-up of the regular session and also take an in-depth look at the state’s historic cut to ad valorem taxes.