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New property tax legislation aims to give $10 billion in relief to Texans

Summary by KSAT 12
New property tax relief legislation, signed by Governor Abbott last week, aims to provide $10 billion worth of relief to Texans across the state. The legislation, if approved by voters in November, focuses on increasing homestead exemptions for seniors, homeowners, and businesses. The three pieces of legislation are: Senate Bill 4, Senate Bill 23, and House Bill 9.SB 4 raises the homestead exemption for school district taxes from $100,00 to $140…

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Americans for Prosperity broke the news in on Monday, June 23, 2025.
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