Texas Senate Passes Tax Bill
This is a Houston news story, published by MSN, that relates primarily to Paul Bettencourt news.
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property tax reformThe Center Square
•Business
Business & Economics
Texas Senate unanimously passes property tax reform bill
76% Informative
The Texas Senate passed SB 4 and a Senate Joint Resolution, both filed by state Sen. Paul Bettencourt , R- Houston .
SB 4 would increase the Homestead Exemption to $ 140,000 and $ 150,000 for seniors.
The bill includes a loophole allowing local jurisdictions to increase property taxes by close to 10% .
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