Several states are actively considering proposals that would sharply reduce or eliminate property taxes for homeowners, marking a significant shift in tax policy debates nationwide. Supporters argue property taxes punish homeownership and disproportionately harm seniors and middle-class families. Critics warn the plans could disrupt funding for schools and local governments.
According to Fox Business, lawmakers in North Dakota, Georgia, Florida, Texas, and Indiana are advancing legislation aimed at eliminating or dramatically reducing property taxes on primary residences. The proposals vary by state, ranging from constitutional amendments to long-term phaseouts and expanded homestead exemptions. Rising home values have pushed tax bills higher even for homeowners whose incomes have not increased.
In North Dakota, lawmakers are examining the use of oil and energy revenues to offset local property taxes. Georgia Republicans have floated a long-term plan that would phase out most homeowner property taxes over several years. Florida officials are debating broader relief measures for primary residences, while Texas leaders continue efforts to eliminate school property taxes, a major portion of homeowner tax bills. Indiana lawmakers are exploring structural reforms that could significantly reduce or replace property taxes with alternative revenue sources.
Additional states, including Oklahoma and Ohio, are seeing early-stage efforts and ballot initiatives aimed at limiting or abolishing property taxes altogether. While not all proposals are expected to advance this year, the momentum reflects growing taxpayer frustration.
Opponents, including education and municipal groups, argue property taxes provide reliable funding for schools, public safety, and infrastructure. Supporters counter that governments should not rely on a tax that can force families and retirees out of homes they already own. As inflation and housing costs remain high, pressure is increasing on lawmakers to rethink long-standing tax structures.
