SB 449 would prohibit Texas' local governments from issuing capital appreciation bonds, an exotic type of municipal bond that defers payment of principal and interest for many years, sometimes decades, putting in jeopardy future taxpayers.
Taxes & Spending
Telling Renters the Truth about Property Taxes
Renters oftentimes do not know how much in property taxes they pay monthly or annually. This knowledge gap can invite negative societal effects, such as uninformed voting decisions. Key points: Many renters are uninformed about their property tax burden. Some estimates suggest that as much as 20% of an individual’s rent is due to local...
July 14, 2026