Gov. Abbott signs property tax cut package. The proposal still needs to be passed by voters in November.

Voters will have the chance to accept or reject this cut at the ballot box this November.

Brooks Harper said there’s another provision in the law that converts three members of any of the appraisal district board of directors into elected positions. Lawmakers believe this will give more accountability to the public when it comes to raising those appraisals each year, she said.

Diamond said the business tax cuts, which were added near the end of the legislative negotiations, helped smooth things over between lawmakers in the House and the Senate. If voters approve this law in November — which both Diamond and Brooks Harper agree is very likely — the savings will go into effect for the 2023 tax bill.

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