News

FOX 4 News Dallas-Fort Worth on MSN.com · 3h

Texas House bill tries to close property tax exemption loophole

The BriefHB 21 aims to ban what's known as traveling HFCs.Supporters argue these outside housing finance corporations are taking advantage of a loophole that gives them a property tax exemption.The program was initially designed to provide affordable housing for people like teachers and first responders,
Houston Chronicle on MSN.com · 8h

Zero school taxes for Texas seniors? That could happen for many under this bill.

Most senior citizens won’t pay a penny of school taxes if they own homesteaded property under a pair of bills that have already cleared the Texas Senate.
Community Impact · 7d

UPDATE: Texas Senate passes bill that would nearly double property tax exemption for seniors, people with disabilities

Under the Senate’s tax relief plans, seniors and people with disabilities would save about $950 on their annual property tax bills, according to bill author Sen. Paul Bettencourt, R-Houston.
KVUE on MSN.com · 3h

Hays County challenges outside groups over $227M tax exemption

County Judge Ruben Becerra said Hays County could lose out on $500,000 a year, not including impacts to local school districts and municipalities.
Icon for www.houstonchronicle.comHouston Chronicle · 27d

Exemptions can mean big savings on Texas property taxes. Here’s how to know if you qualify.

but some homeowners may be paying more than they have to in property taxes. Texas offers multiple exemptions that can significantly reduce property taxes, and qualifying homeowners can save big ...
MarketWatch on MSN.com · 46m

Deferring property taxes is the best way to help older homeowners

Adam Scanlon, a representative in the Massachusetts House, has submitted a bill to establish “ a senior property tax deferral pilot program.” I have always been a great fan of thinking about the house as a retirement asset and about ways people can access the equity in their home to support themselves in retirement.
Icon for www.statesman.comAustin American-Statesman · 7d

Texas property tax cut bill could bring relief to some homeowners. Here's what's proposed.

Related: Texas eyes homestead exemption raise, property tax cut. How much could homeowners save? The new proposal comes after senators earlier this session passed an increase to the homestead ...
Icon for www.kxan.comKXAN · 6d

Property tax cut for seniors passes Texas Senate

AUSTIN (Nexstar) — A plan to cut property taxes for senior citizens and disabled Texans is moving forward at the State Capitol. The Texas Senate voted 30-1 Wednesday to approve Senate Bill 23 ...
Icon for www.khou.comKHOU 11 · 14d

Do you own property in Texas? Here's how you can save some money

HARRIS COUNTY, Texas ... exemption, it removes part of the value of your property from taxation. If your home is valued at $100,000 and you qualify for a $20,000 exemption, you would pay taxes ...
Icon for www.texastribune.orgThe Texas Tribune · Mar 3, 2025

Texas House and Senate lawmakers have laid out their property tax cut proposals. How do they compare?

“Raising the personal property tax exemption … would be a monumental win for Texas businesses, freeing up funds for business owners to reinvest in the growth of their companies on top of the ...
Icon for www.texastribune.orgThe Texas Tribune · 20d

Texas plans to spend $51 billion on property tax cuts. It may not be sustainable.

State budget watchers — and some Republicans — worry Texas ... exemption is codified in the Texas Constitution by voters so future legislatures can never take property tax cuts away from ...
Icon for www.expressnews.comSan Antonio Express-News · 10d

The city of San Antonio wants to help you lower property taxes. Here's how.

Property tax workshops offered through a collaboration between the city's Neighborhood and Housing Services Department and Texas True Tax will "help homeowners learn about exemptions and steps to ...
Icon for www.wfaa.comWFAA8 · 27d

Realtor offers free help for North Texas appraisal protests. Here's what you need to know

For many homeowners in Texas, ever-rising ... value (and eventually your property tax bill) springs so much higher than it would have if you had just gotten that exemption. This is what Lauer ...
Icon for www.dallasnews.comDallas Morning News · 19d

Tax cut for businesses passes Texas Senate

Sen. Paul Bettencourt, R-Houston, on the Senate floor during the second day of the 89th regular session at the Texas State Capitol in Austin on Wednesday, Jan. 15, 2025. (Juan Figueroa / Staff ...
FOX 4 News Dallas-Fort Worth · 41m

Texas bill tries to close property tax exemption loophole

House Bill 21 aims to ban what's known as traveling HFCs. Supporters argue these outside housing finance corporations are taking advantage of a loophole that gives them a property tax exemption. The program was initially designed to provide affordable housing for people like teachers and first responders,
ABC13 Houston · 6d

Texas Senate bill would nearly double property tax exemption for seniors, people with disabilities

The bill's author said that under the Senate's tax relief plans, seniors and people with disabilities would save about $950 on their annual property tax bills.
Icon for www.yahoo.comYahoo · 6d

Texas property tax cut bill could bring relief to some homeowners. Here's what's proposed.

Related: Texas eyes homestead exemption raise, property tax cut. How much could homeowners save? Senate Bill 23 would nearly double the homestead exemption on school district property taxes for ...
Icon for www.click2houston.comClick2Houston · 19d

Texas plans to spend $51 billion on property tax cuts. It may not be sustainable.

(Photo by Sean Gardner/Getty Images) Property ... the homestead exemption is codified in the Texas Constitution by voters so future legislatures can never take property tax cuts away from Texas ...
Icon for www.usatoday.comUSA Today · 16d

Texas plans to spend $51 billion on property tax cuts. It may not be sustainable

Texas has allocated $51 billion for property tax cuts, representing 15% of its two-year budget. This substantial allocation raises concerns about the state's financial sustainability, especially ...
Icon for www.mysanantonio.comSan Antonio Express-News · 15d

Texas plans to spend $51 billion on property tax cuts. It may not be sustainable.

Property tax cuts aren’t free. In fact, they’re costing Texas a fortune. The Texas House is considering a budget that would shell out $51 billion — 15% of the state's total two-year spending ...
Icon for kdhnews.comKilleen Daily Herald · 7d

DV tax exemption reimbursement bill passed the Texas House Wednesday

That bill, if also passed by the Texas Senate, would expand the number of municipalities able to receive reimbursement for the property tax exemption that the state provides to military veterans ...