The Senate Select Committee on Property Tax Reform met on February 1 to discuss the following interim charges:
- Evaluate how property tax law could better advance disaster recovery after Hurricane Harvey while ensuring that taxpayers are protected from excessive taxation and wasteful spending. Study the statutory changes necessary, if any, for a municipality to be able to redirect revenue from Tax
- Increment Reinvestment Zones (TIRZ) for a set period of time to assist in paying the costs associated with recovery and rebuilding necessary infrastructure following a disaster declaration by the Governor or President.
The report below details discussions on these charges.