King votes to reduce property taxes by limiting appraisal creep
April 19, 2007
Weatherford Democrat
Special to the Democrat
Austin — State Representative Phil King (R-Weatherford), a longtime supporter of reducing property taxes, cast his vote Tuesday for H.B. 216, a bill that will slow burdensome “appraisal creep” that impacts Texas homeowners.
“We are moving to protect families in Parker and Wise counties that have seen increases in appraisal values during recent years,” Phil King said.
“This legislation is a key part of continuing efforts to solve the problem of appraisal creep.” Current state law appraises property at levels greater than market value in order to meet unreasonable government formulas. This new legislation helps correct this problem by reducing the upward pressure on appraisals that have burdened property owners.
“Texas legislators are working now to protect Texans from future increases in property taxes,” King said. “I am proud to support positive public policy that helps all Texans.” H.B. 216 was passed by the full House Tuesday and awaits action by the Texas Senate.