Just after 1 p.m. Patrick tweeted Speaker Dade Phelan's last offer was an 8% appraisal cap for all commercial properties, which"would cost taxpayers billions upon billions of dollars in just a few years". Gov. Abbott was present for the deal, Patrick said.
Prior to the Texas House adjourning sine die around 6 p.m. Monday, House lawmakers passed a number of bills Sunday night before its deadline. One of the bills, HB 1500, is related to the Texas power grid. Authored by Rep. Justin Holland, R-Rockwall, the bill essentially continues the Texas Public Utility Commission.
Source: Real Estate Daily Report (realestatedailyreport.net)
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