Paxton: New property tax break not meant for coronavirus losses

A new Texas law allowing tax exemptions for disaster-damaged property does not apply to economic losses from the coronavirus emergency, Texas Attorney General Ken Paxton said Tuesday.The law, passed last year by the Legislature in response to widespread property damage from Hurricane Harvey, created a temporary tax exemption for damage caused in a disaster declared by the governor.Even though Abbott issued a statewide disaster declaration related to the coronavirus […]
Source: Statesman

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