Property Tax Relief Package Praised by GOP Leaders
The Texas House gave initial approval to a property tax relief package on Tuesday that will raise the homestead exemption to $140,000, with the homestead exemption for senior citizens and disabled individuals increasing to $200,000. The current homestead exemption is $100,000, with a homestead exemption of $110,000 for seniors and the disabled. The proposed increases […]
Property Tax Relief a Priority for GOP Leaders, But Approaches Differ
State lawmakers are once again prioritizing the issue of property tax relief. However, leaders in the Texas House and Texas Senate are offering different approaches to the subject. State Representative Morgan Meyer, Chairman of the House Ways and Means Committee, has authored House Bill 8, which provides $2.8 billion in property tax relief in the form […]