Tag: 2023 constitutional amendment
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Texas voters will decide on a second homestead tax exemption increase in two years in November
On July 13, the Texas State Legislature finalized a constitutional amendment and adopted implementing legislation designed to lower property taxes before adjourning its second special legislative session of the year. The amendment, which voters will decide on in Nov., would: increase the homestead tax exemption from $40,000 to $100,000; authorize the state legislature to limit…