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Largest increase to property tax Homestead exemption in state history
The panel discusses how every member of the Texas Senate has signed in agreement, Senator Paul Bettencourt's plan to raise the Homestead exemption from $40,000 to $70,000 permanently.
Houston - You heard right - every member of the Texas senate has signed onto Paul Bettencourt’s plan to raise the homestead exemption in this state from forty to $70 thousand dollars - permanently.
If approved by the house, sb-3 would deliver a tax cut of $341 a year for all five point seven million homeowners in the lone star state.