Texas Senators voted unanimously to increase the homestead exemption to $140K to provide tax relief to Texans. If passed in the House, it could mean some homeowners will pay $0 on school district taxes.

The marquee proposal would increase the amount of a home’s value exemption from school taxes to $140,000 from $100,000. The legislation must win approval from the House next.

The Texas Senate gave unanimous approval to proposals to cut property taxes by raising homestead exemptions to $140,000, sending the measures to the House.

The bill would increase the homestead exemption from $100,000 to $140,000, and $150,000 for seniors, which is the largest exemption increase in state history.

Senate Bill 4 would raise tax exemptions on Texans’ primary homes to $140,000 and would apply only to taxes levied by public schools. If approved by both chambers, the tax cut would be on voters’ ballots in November.

A Texas Senate bill to raise the homestead exemption and provide relief to the state's property taxpayers quickly passed out of committee Tuesday.

The marquee proposal would increase the amount of a home’s value exemption from school taxes to $140,000 from $100,000.

A bipartisan committee voted unanimously to send to the full Senate legislation that would raise the state homestead exemption by $40,000.

Last session, Texas lawmakers provided the largest property tax cut in the state's history by increasing the homestead exemption to $100,000.

The Texas Senate moved swiftly this week to advance property tax relief, one of Gov. Greg Abbott’s emergency items this session. On Thursday, the chamber voted unanimously to increase the state’s homestead exemption on school district taxes from $100,

The plan to increase the Homestead Exemption to $140,000 cleared the State Senate on a unanimous vote. The youngest Trump doesn’t spend much time on campus, deepening the mystery surrounding who he really is as many prominent figures rave about different aspects of his personality WKYC,