Senate Bill 4 would allow the state to set the homestead exemption on school district taxes at 140,000 of value.
The Philipstown Town Board on Feb. 6 approved expanded property tax exemptions for elderly and disabled residents by raising ...
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.
The marquee proposal would increase the amount of a home’s value exemption from school taxes to $140,000 from $100,000.
If the Legislature approves SB 4, Texas voters would have to approve the amendment to the state Constitution to make the tax ...
Increasing the homestead exemption would cost the state roughly $3 billion over two years and add to a growing tab of ...