Author Topic: Texas House Approves Property Tax Relief Package, Rejects Effort To Expand Relief Further  (Read 350 times)

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Offline Elderberry

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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/

Offline Bigun

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https://www.youtube.com/watch?v=FxcrAIIL0hc

Love him or hate him, Daniel Miller is spot on here.
"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."
- J. R. R. Tolkien