Texas Property Owners Won’t Get Tax Exemptions for Pandemic (4)

Texas property owners can’t claim tax exemptions for damage caused by the pandemic. Big drops in retail sales will add to the fiscal pressure on state finances. Pennsylvania announced more relief measures, while New York City will take a big financial hit over the next two years, a city agency warned. Here’s the latest on shifting state tax guidelines, deadlines, and policy to deal with the coronavirus pandemic. For Tuesday’s coverage click here. Here’s a state-by-state roadmap.

Texas property owners hurt by the coronavirus pandemic are not eligible for a temporary state tax exemption created for disasters, according ...