JULY 2001
A bill filed in the 77th Texas Legislature that would have taxed all real estate transfers never made it out of committee—thanks in large part to efforts by Texas REALTORS®.
Several of the bill’s authors were later defeated in their re-election bids by candidates who received Texas REALTORS® and TREPAC support.
Though most U.S. states levy real estate transfer taxes, Texas REALTORS® has continued to successfully thwart proposals to adopt transfer taxes and other burdensome costs on homebuyers and property owners.