Texas homeowners are one step closer to receiving a property tax break after Senate approves bill
For the past several years, Republican state lawmakers have pushed to rein in rising property tax bills. That push culminated in 2023 with $12.7 billion in new tax cuts, including a boost to the state's homestead exemption and billions of dollars for school districts to reduce how much they collect in property taxes.
The Texas Senate approved SB 4, which raises the homestead exemption, potentially saving homeowners on property taxes.
The Texas Senate unanimously passed a bill raising the property tax exemption from $100,000 to $140,000, potentially saving homeowners hundreds of dollars. The legislature is allocating $3 billion to ...
Texas lawmakers in recent years have sent billions of state dollars to school districts, which make up the bulk of a given ...
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