Texas Governor Greg Abbott will sign a tax relief package offering significant property tax breaks for homeowners, people with disabilities, and seniors over 65, pending voter approval in November. Senate Bill 4 raises the homestead exemption for school taxes from $100,000 to $140,000, while Senate Bill 23 increases exemptions for disabled and senior Texans from $10,000 to $60,000. These measures aim to reduce property tax burdens in high-rate Texas areas.
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