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Texas Senate approves proposals to cut property taxes with $140,000 homestead exemptionThe new homestead exemption amount would save the state’s 5.7 million Texans who live in the homes they own an additional $363 per year on average, Bettencourt said. Nearly $3.5 billion in ...
The goal of the new legislation is to help drive down the cost of housing so that more Texans can afford homes.
If the Legislature approves SB 4, Texas voters would have to approve the amendment to the state Constitution to make the tax ...
Texas lawmakers have allocated $6 billion for property tax relief but disagree on who should benefit most. Texas lawmakers ...
Sen. Paul Bettencourt, the Houston Republican who filed the bills, said the legislation would build on years of effort by lawmakers to bring down property taxes while the cost of living continues ...
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