A Texas Senate bill to raise the homestead exemption and provide relief to the state's property taxpayers quickly passed out of committee Tuesday.

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

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

Senior homeowners should have cheered the loudest because their homestead exemption will grow to $150,000 if the House ...

AUSTIN (Nexstar) — Texas Senators voted unanimously ... For senior and disabled homeowners the exemption would be raised to $150,000. The tax exemption, along with a compression element on ...

“The one place it’s not baked into is Texas’s ISD property tax bill. That’s a big, big advantage for homeowners.” In 2023, voters approved raising the school-district tax exemption from ...

With the combined tax rate compression and increased homestead exemption, Lt. Gov. Dan Patrick estimated it would cost about $32.2 billion for the state. Last session, Texas lawmakers passed and ...