Texas HB4407 provides property tax relief through the public school finance system and property tax appraisal and administration.

The Property Tax Relief Act amends the Education Code to add a section on the maximum compressed tax rate for the 2025-2026 school year. It also amends the Tax Code to modify the limitation on appraised value of real property, adjust the maximum compressed tax rate calculation, and repeal certain sections. The act allows for property owner protests against certain appraisal actions and requires notices to be delivered to property owners.

Texas HB4407 provides property tax relief through the public school finance system and property tax appraisal and administration.

The Property Tax Relief Act amends the Education Code to add a section on the maximum compressed tax rate for the 2025-2026 school year. It also amends the Tax Code to modify the limitation on appraised value of real property, adjust the maximum compressed tax rate calculation, and repeal certain sections. The act allows for property owner protests against certain appraisal actions and requires notices to be delivered to property owners.