Texas eyes homestead exemption raise, property tax cut. How much could homeowners save?
A Texas Senate bill to raise the homestead exemption and provide relief to the state's property taxpayers quickly passed out of committee Tuesday.
Texas Senate panel approves $140,000 property tax homestead exemption
Proposals to cut property taxes by raising the Texas homestead exemption to $140,000 cleared a key hurdle Tuesday when a bipartisan committee voted unanimously to approve and send two bills to the full Senate.
Texas lawmakers again look to buy down local property taxes
Texas lawmakers in Austin again have a multi-billion dollar surplus. Again, some state leaders want to send money back to property owners and pay down local taxes by expanding the homestead exemption and buying down or "compressing" local tax rates.
New effort to lower property taxes moves through Texas legislature
SB 4 promises to provide more tax relief for homeowners and cash payments to local schools to replace a chunk of the revenue stream districts would lose.
Texas Senators file new bill for largest property tax exemption in history
Twenty-nine Texas senators, headed by Sen. Paul Bettencourt, made the move to lower property taxes, right on the heels of Gov. Abbott's State of the State.
Texas senate committee approves tax cut plan
A bipartisan panel of Texas Senators approved legislation that would increase Texas' homestead property tax exemption, once again, to $140,000. It now heads to
Bill to increase Texas homestead tax exemption advances
A bill would increase the property tax homestead exemption from $100K to $140K or $150K. The bill is closer to a vote in the Texas Senate.
Texas Republicans want more property tax cuts. Here’s how they may do it.
Gov. Greg Abbott said cutting taxes is a top priority, however, state lawmakers don’t have as much money to plug into tax cuts as they did two years ago.
Texas Senate panel votes to cut property taxes for homeowners
The marquee proposal would increase the amount of a home’s value exemption from school taxes to $140,000 from $100,000.
Texas Senate panel moves to increase tax exemptions for homeowners
A bipartisan committee voted unanimously to send to the full Senate legislation that would raise the state homestead exemption by $40,000.
Bill to cut Texas property taxes advances to Senate
Read more <a href=" A bill aimed at lowering property taxes unanimously passed a Texas Senate committee Tuesday, clearing the way for a vote before the full Senate. The Senate Local Government Committee voted 6-0 to approve Senate Bill 4,
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Measure to lower Texas property taxes advances at State Capitol
The continuing cry for relief from ever rising property taxes is fully underway at the State Capitol with particular focus on ...
Income tax brackets are changing for the 2025 tax year. Here's what Texans should know
Texas has one of the highest sales and property tax rates in the nation. The state imposes a 6.25% state sales and use tax.
Kristi Noem Asks IRS Agents To Help With Trump's Immigration Crackdown
The request comes as Trump boasts about curtailing the IRS, whose agents focus on tax violations and other financial crimes.
Homeland Security asks for IRS agents to be deputized to root out illegal migrants
Department of Homeland Security chief Kristi Noem argued that DHS needs more resources to investigate the finances of ...
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Gov. Greg Abbott wants to set a high bar for local tax increases
Local officials, school advocates and tax policy experts said such a proposal could have dire impacts on basic services.
Texas Gov. Abbott calls new property tax relief, teacher pay raises, and school choice in State of the State address
Before 1,100 attendees at the Arnold Oil Company in Austin, the governor announced seven of his top priorities ...
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Texas sales tax revenue totaled $4.3 billion in January
TEXAS (KAUZ) - Texas Comptroller Glenn Hegar announced the state sales tax revenue totaled $4.3 billion in January, 6.8% more ...
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IRS: Important Tax Filing Dates
Filing taxes in the United States is a crucial annual task for most citizens and permanent residents. Understanding the ...