You may not have realized it but November 3rd is an important day for anyone who owns property in Texas.That is the day Texans will vote on several proposed state constitutional amendments that will affect your rights as a property owner.
Among them is amendment #2 that will change the way property taxes are computed. If passed, the amendment would authorize the legislature to compute the tax owed on a residential homestead solely on the basis of the properties value as a homestead, and not consider it's"highest and best use".
People in favor of the amendment say that it (2 comments)