We are thrilled to announce that on June 11th, 2023, the Texas House passed House Bill 2 (HB2), a groundbreaking piece of legislation authored by Representative Jodie Laubenberg. This bill is poised to revolutionize the property tax landscape in Texas, offering an astounding $12 billion in tax relief.

HB2 property tax relief for Texas

HB2 introduces several key provisions that will positively impact property owners throughout the state. First and foremost, it includes a remarkable reduction in the school district maintenance and operations tax rate. Previously set at $1.17 per $100 of taxable value, this rate has now been lowered to just $1.04 per $100 of taxable value. Such a significant decrease will result in substantial savings for homeowners and businesses alike.

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Sugar Land is a first-class master planned community rich in cultural diversity and outstanding recreational amenities. The city prides itself on providing high quality service to its residents and is located in eastern Fort Bend County, approximately 20 miles southwest of downtown Houston.

It was founded as a sugar plantation in the mid-1800s and incorporated in 1959. A full-service municipality, Sugar Land, provides the highest quality of affordable services to meet the needs of its residents. Master-planned communities and welcoming neighborhoods, enhance home values and create a sense of belonging. The community offers outstanding schools, libraries, civic organizations and other resources that make Sugar Land one of the fastest growing cities…

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