Texas Senate passes bill to raise property tax exemption

Name: Texas Senate passes bill to raise property tax exemption
Uploaded: 2025-02-13T22:21:00-0600
Duration: 1 min 29 s
Description: The Texas Senate unanimously passed a bill raising the property tax exemption from $100,000 to $140,000, potentially saving homeowners hundreds of dollars. Real estate experts hope this will boost home sales, which have slowed due to high interest rates. The bill still needs to pass the House.

The Texas Senate unanimously passed a bill raising the property tax exemption from $100,000 to $140,000, potentially saving homeowners hundreds of dollars. Real estate experts hope this will boost home sales, which have slowed due to high interest rates. The bill still needs to pass the House.