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Texas voters support property tax amendments
Texas voters support property tax amendments

Texas voters support property tax amendments

Texas voters overwhelmingly approved two proposed amendments on Saturday that will provide property tax relief to homeowners.According to the Austin American-Statesman, nearly 85% of voters supported Proposition 2, which raises the homestead exemption from $25,000 to $40,000 starting this year. That will save the average homeowner about $175 in school property taxes.Another proposition that easily passed corrects an oversight to a 2019 bill passed by the Legislature, which didn’t apply to homeowners who are disabled or 65 and older, because their school taxes were already frozen.The state will reimburse school districts for tax funding lost by both propositions, with the ...

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