This session was characterized by strong leadership from Governor Greg Abbott, Lt. You should contact your attorney to obtain advice with respect to any particular issue or problem. NAR is offering virtual training webinars to answer questions about changes to the Code of Ethics. This new law further updates those provisions to allow more homeowners the ability to access the hard-earned equity in their homes while maintaining the strong consumer protections in the Texas Constitution. Some Texas municipalities have approved ordinances banning short-term rentals. Shortly after the election, on November 12, 2018, Texas legislators and legislators-elect began filing bills for the 86th Legislature. The 86 th Texas Legislature adjourned May 27, closing out a monumental session for Texas real estate consumers and private property rights. REALTOR®-supported Senate Bill 962 continues the development of a stronger highway system for Texas. After extensive analysis, testimony, and deliberations, the Sunset Commission recommends that the 86th Legislature pass legislation to continue 20 agencies, abolish the Texas State Board of Plumbing Examiners and transfer its functions to the Texas Department of Licensing and Regulation, consolidate the Texas Board of Professional Land Surveying with the Texas Board of Professional Engineers, and … 311 San Antonio, Texas 78249 4:00 p.m. – 6:00 p.m. With the end of the regular session of the 86th Legislature coming May 27, 2019, the industry will be on the edge of its seat regarding pending legislation affectingRead more You will not post any defamatory, discriminatory, libelous, threatening, vulgar, sexually explicit, abusive, profane, rude, or obscene content (including comments); b. This daylong event brings thousands of Texas REALTORS® to the statehouse to meet with your lawmakers one on one and educate them on the impact that proposed legislation may have back home. Despite legislation from past sessions that would improve Texas roadways, lawmakers are likely to propose more transportation-funding bills. Spectrum: Partisan Bill (Republican 46-2) Status: (Engrossed - Dead) 2019-05-20 - Statement(s) of vote recorded in Journal [SB29 Detail] Download: Texas-2019-SB29-Comm_Sub.html Author (29): You will not use our blog posts or posted content to do anything unlawful, misleading, malicious, or discriminatory; and. These ballot measures were overwhelmingly approved on Election Day. The Texas Legislature passed 10 measures that will be on the November 5, 2019 ballot as constitutional amendments for every Texas voter. Texas Legislature Bills Authored / Joint Authored Rep. Cecil Bell 86th Legislature Regular Session Report Date: 12/16/2020 Number of Bills: 70. Issues Mobilization and Political Advocacy Assessment, TACS – Texas Accredited Commercial Specialist, TAHS – Texas Affordable Housing Specialist, TRLP – Texas REALTORS® Leadership Program, TRLS – Texas Residential Leasing Specialist, TRPM – Texas Residential Property Manager, 86th Texas Legislative Session Recap: What REALTORS® Need to Know, Download a PDF version of the legislative recap, What The Tax Reform Law Means for You and Your Clients, Looking Ahead to the 86th Texas Legislature, Your Grassroots Efforts in Action at the Texas Capitol, New Real Estate-Related Laws You Should Know About, Show property owners how proposed tax rate changes would affect their bills, Make it easy for taxpayers to submit comments via an online form. Website for the Texas Legislature. Provide information about when and where a property owner’s local taxing entities are holding public hearings to set their tax rates. The 86th Texas Legislature adjourned May 27, closing out a monumental session for Texas real estate consumers and private property rights. The largest part of a property owner’s property tax bill goes to school taxes. The legislation was authored by Sen. Robert Nichols and sponsored by Rep. John Zerwas. One reason Texas REALTORS® are successful in working with the Legislature is because of the strong turnout during REALTOR® Day at the Texas Capitol. The rapid increase in local property taxes was a priority issue for the Legislature 
in 2017. In 2018, the Texas Real Estate Commission underwent analysis by the Texas Sunset Commission—an in-depth process also known as a “Sunset review.” The Sunset Commission’s purpose is to conduct thorough analyses of all state agencies to ensure they are providing the best and most efficient services to their stakeholders. Governor Dan … It’s up to Texas REALTORS® to ensure lawmakers are getting accurate information about the potential impact of real estate-related bills. Texas REALTORS® provides content through various online platforms, including this blog. The new law extends provisions related to that constitutional amendment to ensure no interruption of funding for 10 years, continuing voters’ desire to invest in transportation projects. While Texas REALTORS® has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources, Texas REALTORS® makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here. Now we must work with the 150 members of the Texas House of Representatives and the 31 members of the Texas Senate to pass legislation that favors real estate consumers and your industry. House Bill 1254, authored by Rep. Jim Murphy and sponsored by Sen. Kelly Hancock, will allow a property owner to use agricultural land as collateral for a home equity loan. The Texas REALTORS® headquarters is just across the street from the Texas Capitol, so be sure to make plans to head over and enjoy a barbecue lunch after your meetings. The 86th Texas Legislative Session was a success for the Partnership, the Houston business community and the broader Greater Houston region. severance tax), split between the State Highway Fund and the Economic Stabilization Fund (a.k.a. August 22, 2019. You should contact your attorney to obtain advice with respect to any particular issue or problem. Bill Title: Relating to the continuation and functions of the Texas Real Estate Commission and the Texas Appraiser Licensing and Certification Board; changing fees. This REALTOR®-supported law is a comprehensive reform of the state’s public school finance system and property tax system to lessen the burden on local property taxpayers while increasing the state’s investment in educators and students. Convert prospects into clients with these meeting skills. As of this writing on … Additional changes: The new law creates the Tax Reduction and Excellence in Education Fund to provide further tax rate compression and funding for schools using revenue from several existing sources: The new law also maintains the enhanced transparency measures and automatic rollback elections REALTORS® support. Senate Bill 8 (authored by Sen. Charles Perry and sponsored by Rep. Lyle Larson) creates a statewide flood plan. In 2017, Gov. Now we expect lawmakers to consider legislation addressing the Sunset Commission’s recommendations. Sharon Reuler, PC, is a small boutique real estate law firm that represents a select number of real estate developers who create subdivisions and condominiums to be governed by owners associations. 86th Texas Legislature Update May 15, 2019 RMWBH Training Room 4630 N Loop 1604 West, Ste. More than 10,000 bills were filed during the 86th Texas legislative session. One of the most impactful changes is the lowering of school property tax rates statewide, which provides $5.1 billion in tax relief through an average eight-cent tax rate reduction in 2019-2020 and 13-cent reduction in 2020-2021. Texas REALTORS® supported Senate Bill 339, authored by Sen. Joan Huffman and sponsored by Rep. Geanie Morrison, and House Bill 3815, authored by Rep. Morrison and sponsored by Sen. Huffman. The Texas Legislature only meets for up to 140 days every two years. Now we must work with the 150 members of the Texas House of Representatives and the 31 members of the Texas Senate to pass legislation that favors real estate consumers and your industry. Texas REALTORS® know harmful legislation when we see it. If a bill is related to a governor’s emergency item, members may vote on it earlier in the session. Applicability of the legal principles discussed in this material may differ substantially in individual situations. Texas REALTORS® provides content through various online platforms, including this blog. Alex Parker, Hilary Tyson. The new law will keep cities from using construction fees as a backdoor tax for the funding of other services, bring greater fairness to the distribution of the fee burden, and prevent cities from requiring sales price disclosure as part of the permitting process. Abbott’s website. Here's what REALTORS® need to know. We may see proposed legislation that would make this a requirement statewide, regardless of a county’s population. Your association read and analyzed every bill that was filed this session to ensure the interests of Texas REALTORS® and real estate consumers were protected. REALTOR®-supported House Bill 1743, authored by Rep. Tracy King and sponsored by Sen. Brandon Creighton, reduces change-of-use lookback taxes due when a property is changed from agricultural to non-agricultural use. These changes aim to improve agency operations, use available funds more efficiently, and better serve the people of Texas. The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. By interacting with any of our blog posts, you agree to comply with the following terms and conditions: Texas REALTORS®, in its sole discretion, reserves the right to remove any content you have uploaded, posted, or submitted onto any of our blog posts if we believe that it violates these terms or conditions. Any legal or other information found on this page or at other sites to which we link, should be verified before it is relied upon. The Sunset Commission recommends that the 86th Legislature pass legislation to continue 20 agencies, abolish the Texas State Board of Plumbing Examiners and transfer its functions to the Texas … Any legal or other information found on this page or at other sites to which we link, should be verified before it is relied upon. The 86th Legislature. Relating to the continuation and functions of the Texas Real Estate Commission and the Texas Appraiser Licensing and Certification Board; changing fees. the state’s Rainy Day Fund). While you’re serving your clients, the volunteer leaders and staff of your association are educating lawmakers about the importance of protecting private-property rights and the real estate industry. Greg Abbott called lawmakers back to Austin for a special session to consider legislation related to a list of 19 issues. These measures violate private-property owners’ rights to use their properties as they wish. 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