Texas should not limit homeowners’ access to capital through tax lien lending by imposing new notification requirements. Consumers benefit from tax lien lending by being able to work through tough economic times. Governments benefit from tax lien lending because they receive tax payments in a more timely fashion. Even mortgage lenders benefit from tax lien lending because their customers, with an affordable payment plan for their taxes, are better able to make mortgage payments.
Invited Testimony to the House Committee on Ways & Means: Property Tax-Related Interim Charges
Chairman Meyer and Members of the Committee, My name is James Quintero, and I am a policy director with the Texas Public Policy Foundation, a nonpartisan research institute based in Austin, Texas. Thank you for the opportunity to address the committee today on last session’s historic property tax relief package and the current environment. My...