AUSTIN – It is now in the hands of the Texas House to decide what to do about a new property tax cut plan. The author of the Senate's plan calls it the largest exemption increase in state history.

Proposals to cut property taxes by raising the Texas homestead exemption to $140,000 cleared a key hurdle when a bipartisan ...

Most Texas Senators have signed on to a new bill that increases the residence homestead exemption to $140,000. Twenty-nine ...

Texas homeowners could save hundreds of dollars in annual school property taxes, building on the massive cuts lawmakers and ...

The bill increases property tax relief by $40,000, and $150,000 for seniors, up from the current $100,000 homestead exemption approved in 2023's Texas legislative session. If passed by the house ...

Lt. Gov. Dan Patrick speaks to the Senate during the second day of the 89th regular session at the Texas Capitol in Austin on Wednesday, Jan. 15, 2025. (Juan Figueroa / Staff Photographer) AUSTIN ...

How much would Texas homeowners save under SB 4? With the 40% increase in the homestead exemption, Bettencourt estimates homeowners on average could save about $363 in school property taxes each year.

AUSTIN — Proposals to cut property taxes by raising the Texas homestead exemption to $140,000 cleared a key hurdle Tuesday when a bipartisan committee voted unanimously to approve and send two ...

hugest property tax reduction in American history, $22.7 billion to be exact, SB 4 and SJR 2 provide more meaningful reduction to Texas homeowners by raising the homestead exemption to $140,000," Sen.