Texas Scorecard by Brandon Waltens May 20, 2025
If approved by voters, the package would increase the homestead exemption to $140,000 for most homeowners. The Texas House on Tuesday approved a package of property tax relief bills negotiated with the Senate, including a major increase to the state’s homestead exemption—but not without some pushback from lawmakers who say the relief doesn’t go far enough.
Senate Bill 4, which raises the homestead exemption for Texas homeowners from $100,000 to $140,000, passed unanimously. The legislation was carried in the House by State Rep. Morgan Meyer (R–Dallas), who chairs the tax-writing Ways and Means Committee.
During debate, freshman State Rep. Mike Olcott (R–Aledo) offered an amendment to increase the homestead exemption even further—from $140,000 to $160,000—arguing that the state’s massive $24 billion surplus warranted a larger return to taxpayers.
More:
https://texasscorecard.com/state/texas-house-approves-property-tax-relief-package-rejects-effort-to-expand-relief-further/