Texas Scorecard by Luca Cacciatore June 16, 2025
The tax relief measures were signed by the governor in Denton.Gov. Greg Abbott has signed three measures providing new property tax relief to homeowners and businesses.
During a press conference in Denton on Monday, Abbott signed Senate Bill 4, Senate Bill 23, and House Bill 9 into law, which he says will bring the total amount of additional tax relief passed this session up to $10 billion. That number, however, includes some existing property tax relief passed in previous sessions.
All three measures in the tax relief package were worked on by State Sen. Paul Bettencourt (R–Houston) and State Rep. Morgan Meyer (R–Dallas), who were in attendance at the signing.
The first measure signed, SB 4, raises the homestead exemption to $140,000.
The homestead exemption refers to the amount a homeowner can deduct from the value of his or her home before property taxes are assessed. Before SB 4, the exemption stood at $100,000 for most adults.
“If you go to where the homestead exemption was when I first became governor at $15,000 to now $140,000, that’s almost a 1,000 percent increase,” said Abbott at the briefing.
In addition to raising the homestead exemption, SB 4 also creates a framework for school districts to further pay down their tax rates, reducing the average school district tax rate from $0.9766 to $0.9086.
More:
https://texasscorecard.com/state/gov-abbott-signs-billions-in-homeowner-business-property-tax-relief/
