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  • Texas ‘Robin Hood’ law: Bill looks to repeal state recapture law
    Property Law

    Texas ‘Robin Hood’ law: Bill looks to repeal state recapture law

    February 9, 2023 /

    In 1994, Texas executed its “recapture technique,” which removes neighborhood home tax pounds from districts with the greatest degrees of home prosperity for each scholar. AUSTIN, Texas — Editor’s be aware: The video clip released earlier mentioned was a Verify report from 2019 about Texas’ “Robin Hood” procedure. A Texas lawmaker has filed a monthly bill aimed at repealing the state’s longstanding recapture procedure – typically dubbed by some as “Robin Hood” – which was applied in 1994.  Texas’ recapture procedure necessary the state to remove nearby assets tax dollars from districts with the best stages of residence wealth for every scholar in an effort to present extra equal for…

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    Nicholas Allbright Comments Off on Texas ‘Robin Hood’ law: Bill looks to repeal state recapture law

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