Author: TAPTP Organization (TAPTP Organization)

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TAPTP Equity Position

The tax man cometh and he wants more of your money By Paul Pennington The tax man thinks he needs to raise your property taxes.  We disagree. A battle is raging in the media, the courts and the legislature over the fate of Texas’ historic equity law, which allows the owners of all properties, residential...

Commercial properties struggle to keep up with property taxes
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Commercial properties struggle to keep up with property taxes

Commercial properties struggle to keep up with property taxes As posted on KFOX14.com. By: Genevieve Curtis EL PASO, Texas – Many El Pasoans are convinced they’re paying more in property taxes than their properties are worth. One of those reasons is inconsistent property assessments. City leaders want the state of Texas to take a closer...

City of Austin has $14.2 million budget surplus
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City of Austin has $14.2 million budget surplus

City of Austin has $14.2 million budget surplus by KVUE khou.com Posted on March 19, 2014 at 8:15 AM AUSTIN, Texas — With spring right around the corner, Austin is nearly half way through its budget year. So city staff took a look at the budget to see where it stands and found a $14.2...

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83rd Legislative Session

Dear Chief Appraisers and Tax Assessor-Collectors: The regular session of the 83rd Texas Legislature concluded Monday, May 27, 2013. More than 300 property tax related bills were filed, and fewer than 80 passed. Five percent of the bill filings concerned property tax. The Governor has until June 16th to veto legislation. Most laws have an...

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Disabled Veterans and Rule Adoption

Dear Chief Appraisers and Tax Assessor-Collectors: This past November, Texas voters approved a constitutional amendment authorizing a 100 percent property tax exemption for the residence homestead of the surviving spouse of a 100 percent disabled veteran. Tax Code Section 11.131 was amended to permit this exemption. The surviving spouse of a disabled veteran who qualified...

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AG Opinion, Surveys, and Disaster Declaration

Dear Chief Appraisers and Tax Assessor-Collectors: This message contains important information regarding an Attorney General’s opinion on the new application requirements for the residence homestead exemption, appraisal districts completing the Farm and Ranch Survey, and Governor Perry renewing the declaration of a drought emergency. State Representative Harvey Hildebrand requested an Attorney General’s opinion concerning implementation...

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Heavy Equipment Manual and Rules

Dear Chief Appraisers and Tax Assessor-Collectors: The Property Tax Assistance Division (PTAD) revised the Heavy Equipment Dealers’ Special Inventory Manual to modify the non-exclusive list of examples of equipment that may qualify as heavy equipment. Heavy equipment inventory must be identified locally according to the definition in Tax Code Section 23.1241(a)(6) and other statutory definitions...

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Interim Legislative Update

Dear Chief Appraisers and Tax Assessor-Collectors: While the Texas Legislature is not in session this year, the House and Senate committees are busy conducting committee hearings on interim charges. The House Ways and Means Committee conducted hearings to review results of the Comptroller’s Methods and Assistance Program and to determine whether the “truth-in-taxation” notices effectively...

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Reappraisal Plan Reminder and Updated Forms

Dear Chief Appraisers: As a reminder, Tax Code Section 6.051 requires the board of directors of an appraisal district to develop biennially a written plan for the periodic reappraisal of all property within the boundaries of the district. To adopt a plan, a board of directors must take the following steps: Hold a public hearing...