2023 School Tax Freeze Ceiling Reduction

In May of 2022, Texas voters passed Proposition 1, which amended the Constitution authorizing the legislature to provide for a reduction in the 2023 school tax ceiling (freeze) for property owners with Over-65 exemption or those who have qualified for the Disabled Persons exemption.  This legislation is only applied to school districts. Other taxing entities, such as the counties and municipalities, were not included in the legislation. In addition, this change is not intended to produce any refunds, as it is applicable to the 2023 tax year forward.