Real Estate Transfer Tax Is Proposed.

To address budget shortfalls due to the economic slowdown, lawmakers in Austin are turning to the real estate industry as the funding source for their special interest programs. Many of these programs have absolutely nothing to do with anything related to the real estate industry. Three bills have already been filed calling for the implementation of a sales tax on real estate transactions, also known as a real estate transfer tax, and there will be more such bills in the coming weeks.

Please call your state senator and voice your opinion on this critical issue.