Texas lawmakers celebrated the passage of two bills that would increase tax breaks for homeowners. FOX 26's Tom Zizka explains the bills and the projected savings if the bills pass.

Under the proposed $100,000 exemption, the homeowner would pay taxes on $615,000 of her property’s value — instead of paying taxes on $691,000 under the current exemption. Based on current tax ...

Many Texas homeowners about to see their school property taxes ... you can get some bigger property tax exemptions. ... ($15,000 x 2-22 tax rate which was .0133). In numbers that would be $ ...

How proposals in the Texas Senate and House would reshape the state's hefty property tax burden, by the numbers. By Cayla Harris , Austin Bureau Updated March 15, 2023 5:31 p.m.

Texas state tax: Overview. Texas has its ups and downs when it comes to taxes. The statewide sales tax starts at 6.25 percent, and local areas can tack on up to 2 percent more, which can make ...

Homeowners already saw a property tax cut in 2023. The Texas Senate is taking it a step further this week by approving a bill to increase the homestead exemption from $100,000 to $140,000 for many ...

The $18 billion property tax relief bill heralds a new era of opportunity for all Texans who own or want to own a home, writes Marcus Phipps.(Courtesy / Del Webb) Texas homeowners have been ...

Notably, it would provide a tax break for homeowners by increasing the homestead tax exemption, or the part of a home’s value that cannot be taxed. The exemption would be raised to $100,000 from ...