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To: bgill

Abbott signs $4 billion, two-year tax cuts package
http://trailblazersblog.dallasnews.com/2015/06/abbott-signs-4-billion-two-year-tax-cuts-package.html/

The tax-cut package includes a proposed property tax break worth about $125 a year for the average Texas homeowner. The increase in the homestead exemption on school property taxes, though, still must be approved by voters.


12 posted on 09/15/2015 1:17:55 PM PDT by thackney (life is fragile, handle with prayer)
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To: thackney
The tax-cut package includes a proposed property tax break worth about $125 a year for the average Texas homeowner. The increase in the homestead exemption on school property taxes, though, still must be approved by voters.

Correct. The tax cuts and related stuff goes through the Legislature. The homestead exemption, however, is Constitutional, not general code, and therefore requires a Constitutional amendment. Not just a simple TX Legislature/Gov signature.
18 posted on 09/15/2015 4:25:45 PM PDT by Svartalfiar
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