2024 Budget Tax Changes In Texas. Thanks to robust economic growth, sales tax revenue, strong energy prices,. In a significant update to the texas franchise tax, senate bill 3, enacted during the second special session of the 88th legislature, has introduced key changes that will take effect for reports originally due on or.

Texas homeowners and businesses will get potentially thousands of dollars cut from their property tax bills in the coming years after voters tuesday overwhelmingly approved a constitutional. Harris county leaders on tuesday voted for a tax rate decrease for the fifth year in a row, as well as a $2.4 billion budget for 2024.