House passes Murr’s bill cutting property taxes, end ‘Robin Hood’

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BY LOGAN HARRISON

AUSTIN – On Thursday, State Representative Andrew Murr’s (RJunction) House Bill 297 was passed by the Texas House by a vote of 95 to 46.

The bill would abolish school district maintenance and operations (M&O) property taxes by Jan. 1, 2022. On average across the state, school M&O taxes account for more than 50 percent of all property taxes.

It is also the part of the property tax that is subject to recapture, otherwise known as “Robin Hood.”

 

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