You and other Republicans have made this a priority for several years now, but many are complaining that property tax bills are continuing to rise. So what makes this year different? So for one Last session, we devoted $18 billion to reduce property taxes. This year, we'll devote about $10 billion. And know this, the state does not impose a property tax. So we can't literally cut the property tax, but we can buy down those rates. (03:42–03:50)
CLAIM
Asserts that $18 billion was devoted to reducing property taxes last session and $10 billion this year.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
