The marquee proposal would increase the amount of a home’s value exemption from school taxes to $140,000 from $100,000.
Senate Bill 4 has passed and heads to the House now, promising an increased homestead exemption for Texas property taxpayers.
If the Legislature approves SB 4, Texas voters would have to approve the amendment to the state Constitution to make the tax ...
SB 4 would increase the Homestead Exemption from $100,000 to $140,000, and up to $150,000 for seniors and disabled people.
Increasing the homestead exemption would cost the state roughly $3 billion over two years and add to a growing tab of ...
The Texas Senate gave unanimous approval to proposals to cut property taxes by raising homestead exemptions to $140,000, ...
Texas REALTORS® applauded Gov. Greg Abbott for prioritizing real estate-related issues in his State of the State address on ...
The 2024 law is similar to a law Pritzker signed in 2019 creating a property tax relief task force. The report that resulted ...
BRYAN, Texas (KBTX) - In a unanimous vote Tuesday, the Texas Senate Committee on Local Government passed a property tax relief bill onto the full Senate for a vote.