Long-awaited property tax deal heads to Gov. Abbott's desk
At any moment, Gov. Abbott could sign a new property tax relief bill. This comes after lawmakers agreed on $18 billion in cuts. Homeowners could save $2,600 for the first two years. It also raises the homestead exemption to $100,000 for most homeowners. Once signed by the governor, voters must pass the plan in November for it to take effect for the 2023 tax year.
