05/30/2023

TCC statement on Governor Abbott’s call for a special legislative session prioritizing property tax relief

Austin, TX - Texas Chemical Council President & CEO Hector Rivero’s statement on Governor Abbott’s call for a special legislative session prioritizing property tax relief:

“We commend Governor Abbott for his commitment to provide meaningful tax relief to all Texans.  Rate compression of the property tax rate is equitable for all taxpayers and encourages the state to remain competitive. Texas has the sixth highest property tax rate in the United States on industrial property. Rate compression is a fair and effective way to ensure that everyone – from homeowners to businesses – receive meaningful tax relief, keeping Texas the best state to live and work."

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