I got this scary e-mail this morning -- fortunately I googled it, and found out that Proposition 2 passed on November 3, 2009.
You gotta watch out for those rumors!
Did you know that The State of Texas is getting ready to add property tax to your home?
Proposition 2 and Proposition 3 in the Nov. 2 election will allow the State of Texas to start adding a State Property Tax to each home in the State.
Proposition 2-The constitutional amendment authorizing the State legislature to provide for the ad valorem taxation of a residence homestead solely on the basis of the property's value as a residence homestead.
In short, the State wants to tax your house based on its stated value. This is a STATE added tax over and ABOVE the County Property tax you already pay!
Proposition 3 - The constitutional amendment providing the uniform standards and procedures for the appraisal of property for ad valor em tax purposes. In short, how your property will be valued for the additional property tax!
When you go to vote, vote NO on both Propositions 2 and 3 if you'd rather not give more of your money for taxes.