Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 698 establishes a joint interim committee tasked with studying the abolition of ad valorem taxes in Texas and exploring replacement revenue mechanisms through local sales and use taxes. The committee is required to submit its findings and recommendations to the legislature by December 1, 2026. The abolition of ad valorem taxes will only take effect if approved by a constitutional amendment, and full implementation is planned for January 1, 2031.
Author (1)
Brian Harrison