Texans deserve lasting, meaningful property tax relief, and we are delivering results. With this newly passed legislation, homeowners will see an estimated $500 in annual savings, keeping more of their hard-earned money where it belongs.

SB 4 Increases the homestead exemption to $140,000—or $150K for those 65+.

SJR 2 Increases the homestead exemption from ad valorem taxation by a school district to $140,000—or $150K for those 65+.

✅ Lower School Property Taxes – The average homeowner will see $363.44 in savings thanks to reduced school district tax rates.

✅ Additional Savings from SB 1 – Another $133.13 in tax savings comes from further school tax compression.

✅ No Impact on School Funding – The state fully covers the cost, ensuring that schools receive the resources they need while reducing the burden on taxpayers.

✅ Broad Support & Proven Results – This bipartisan effort, backed by 29 co-authors, builds on the historic $22.7 billion in property tax reductions passed in 2023.

This is another strong step toward making homeownership more affordable for Texans while ensuring that our schools and communities continue to thrive.