Texas homeowners are one step closer to receiving a property tax break after Senate approves bill
For the past several years, Republican state lawmakers have pushed to rein in rising property tax bills. That push culminated in 2023 with $12.7 billion in new tax cuts, including a boost to the state's homestead exemption and billions of dollars for school districts to reduce how much they collect in property taxes.
Texas Senate sends $140k Homestead Exemption bill to the House for approval
The bill would increase the homestead exemption from $100,000 to $140,000, and $150,000 for seniors, which is the largest exemption increase in state history.
Texas eyes homestead exemption raise, property tax cut. How much could homeowners save?
A Texas Senate bill to raise the homestead exemption and provide relief to the state's property taxpayers quickly passed out of committee Tuesday.
Texas Senate approves property tax relief bills
SB 4 would increase the Homestead Exemption from $100,000 to $140,000, and up to $150,000 for seniors and disabled people.
Texas Senate greenlights new property tax cuts despite concerns over mounting costs
The Texas Senate moved swiftly this week to advance property tax relief, one of Gov. Greg Abbott’s emergency items this session. On Thursday, the chamber voted unanimously to increase the state’s homestead exemption on school district taxes from $100,
Homestead exemption passes Texas Senate
The plan to increase the Homestead Exemption to $140,000 cleared the State Senate on a unanimous vote. The youngest Trump doesn’t spend much time on campus, deepening the mystery surrounding who he really is as many prominent figures rave about different aspects of his personality WKYC,
Texas bill on property tax homestead exemption could save $500 a year
A bill is making its way through the Texas legislature that would cut homeowners some slack: Senate Bill 4 by Sen. Paul Bettencourt, R-Houston, will raise the homestead exemption from $100,000 to $140,
Texas Senate approves proposals to cut property taxes with $140,000 homestead exemption
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,
Homestead exemption clears Texas Senate, awaits uncertain future in House
Senate Bill 4 has passed and heads to the House now, promising an increased homestead exemption for Texas property taxpayers.
If Trump Reinstates Tax Cuts, Here’s How Much You Could Save
During President Trump's first term, he overhauled the tax code with his 2017 Tax Cuts and Jobs Act (TCJA). Many of those ...
Property tax breaks may be available to older adults
Lawmakers in Indianapolis are working on a bill to reform property taxes. While the legislature tries to come up with an answer that will provide property tax relief, local officials are encouraging ...
Report: Most Colorado hospitals spent more on community benefits than they received in tax breaks
Most hospital systems in Colorado spent more to benefit their communities than they received in tax breaks in 2022, but state ...
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Minnesota House proposal would provide tax breaks for American Legion Halls
ST. PAUL, MINN. – A bill in the Minnesota House would help American Legion halls across Minnesota stay open. State Commander ...
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Texas Senate Passes Landmark Bill to Increase Homestead Exemption, Potential Savings for Homeowners in Pearland and Conroe
The Texas Senate approved SB 4, which raises the homestead exemption, potentially saving homeowners on property taxes.
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New Income Tax Bill 2025: Higher Exemptions, Simpler Rules, Easier Tax Filing – Here’s What Changes For You
Both the old and new tax regimes for individuals and Hindu Undivided Families (HUFs) will be retained, allowing taxpayers to ...