The Texas Senate gave unanimous approval Thursday to proposals to cut property taxes by raising the Texas homestead exemption to $140,000, sending the measures to the House. Senate Bill 4 and Senate Joint Resolution 2,

A 50% property tax reduction bill that passed the Senate on three readings has passed for the first time in the House. Wednesday evening, the House used a voice vote to approve Senate File 69, “Homeowner property tax exemption.

If the Legislature approves SB 4, Texas voters would have to approve the amendment to the state Constitution to make the tax cut permanent.