14. HB 2692 3rd Reading

Final Passage; May 5, 2009 Record Vote #546 (Journal Page 2463): 73 Yeas, 68 Nays, 2 PNV

YCT Yea. HB 2692 was aimed at addressing the issue of rising property taxes and appraisals driving low income individuals out of their homes. To address this problem, the bill would have enabled certain Texas cities to limit the price of homes located within one mile of a commuter rail station. HB 2692 misdiagnosed the problem, instituting an extreme form of price controls rather than addressing the underlying problem of property taxes and appraisals. YCT is opposed to price controls and supports the elimination of property taxes