US EditionProperty Tax Cuts for Homeowners Advance in Texas House
- The Texas House advanced Senate Bills 4 and 23 on May 20 to raise the homestead exemption to $140,000 and add a $60,000 exemption for seniors and disabled homeowners.
- These bills follow a months-long legislative deal aiming to deliver about $10 billion in property tax relief, coupled with constitutional amendments requiring voter approval in November.
- Senate Bill 4 applies only to school district taxes and includes provisions to maintain school funding by having the state compensate districts for lost revenue from higher exemptions.
- According to Sen. Paul Bettencourt, the average homeowner could save nearly $500 annually, while seniors and disabled Texans might save about $950 per year through these exemptions.
- Critics argue the bills offer limited relief as rising property appraisals and exclusion of renters reduce the benefits, signaling continued debate over property tax reform in Texas.
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5/20/25 An Update on Property Tax Relief
– Texas House Approves Property Tax Relief Package, Rejects Effort to Expand Relief Further – Attorney General Paxton Announces Investigation Into US Masters Swimming – Legal Battle Over Harris County Commissioner Seat Heads To Appeals Court The post 5/20/25 An Update on Property Tax Relief appeared first on Texas Scorecard.
Coverage Details
Total News Sources17
Leaning Left2Leaning Right2Center11Last UpdatedBias Distribution73% Center
Bias Distribution
- 73% of the sources are Center
73% Center
13%
C 73%
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