Two Bills that Could Raise Homestead Tax Exemptions Head to the Governor's Desk

Two bills that could raise homestead tax exemptions head to the governor's desk

TYLER, Texas (KETK)-  Two bills raising homestead exemptions are headed to Governor Abbott's desk and to voters this November. "This is real relief for working families, every Texas homeowner will see their exemption raised dramatically," State Sen. Carol Alvarado (D), Houston, said. Senate Bill 4 is set to increase the homestead exemption from $100,000 to $140,000 for all Texas homeowners. "So everybody can get a $40,000 extra exemption," Smith…

Bills to boost property tax exemptions headed to Gov. Greg Abbott's desk

The legislation is expected to save Texas homeowners hundreds of dollars every year on property tax bills.

Property tax cuts head to Gov. Greg Abbott – and to voters in November

Voters will be asked in November to approve raise the exemption from $100,000 to $140,000 for all homeowners and to $200,000 for Texans with disabilities and...

Texas senators celebrate passage of homestead exemption

Sen. Paul Bettencourt and other members of the Texas Senate on Thursday celebrated the passage of two bills that will increase the homestead exemption for Texas homeowners. The bills will need constitutional amendments to take effect. Voters will decide on the fate of the program in November.

Texas Lawmakers Approve Major Property Tax Cuts, Sending Proposal to Voters- Reform Austin

A sweeping package aimed at reducing property taxes for Texas homeowners is headed to Gov. Greg Abbott’s desk — and to voters in November — after lawmakers in both chambers gave final unanimous approval to key legislation Thursday. The package centers on increasing the state’s homestead exemption, a long-standing priority for Lt. Gov. Dan Patrick. The plan includes two proposed constitutional amendments: one that would raise the homestead exempt…