Texas property tax reform is a major 2026 issue, with proposals to eliminate school property taxes, cap homestead appraisal increases at 3%, and limit appraisals to every five years. Suggestions include phased tax exemptions for first-time homebuyers to improve affordability. Concerns exist that appraisal caps may create inequities between long-term owners and new buyers, shifting tax burdens and reducing infrastructure funding. Calls for greater transparency and long-term education funding strategies are also emphasized.
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