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tax cuts

Texas Senate unveils historic $16.5 billion property tax cut package: What does it mean for homeowners and businesses?

The Texas Senate has introduced a $16.5 billion property tax cut package, which is considered to be the largest in state history. This package includes three bills that aim to provide property tax relief to Texas homeowners and business owners. Senate Bill 3 proposes to increase the homestead exemption by 75% up to $70,000 and triple the senior property tax exemption for homeowners who are 65 years of...

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