Property Tax Relief Bill Heading To Governor

(Austin, TX) -- A property tax relief bill is on its way to Gov. Greg Abbott for his signature. The Texas House and Senate on Thursday both adjourned the second special session of the year after passing legislation that took months of wrangling. The 18-billion-dollar package increases the state's homestead exemption to 100-thousand-dollars, lowers school property tax rates, and exempts certain businesses from paying a franchise tax. The Senate unanimously passed the legislation on Wednesday, and the House followed through on Thursday.


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