The Texas House and Senate have completed work on an $18 billion compromise that could cut an estimated $1,300 from the average homeowner’s property tax bill.
The proposal, which took two special lawmaking sessions to pass, will be put to voters as a constitutional amendment on the Nov. 7 ballot.
A key proposal would raise the homestead exemption to $100,000 for all Texans. Homestead exemptions lower taxes by deducting part of the value of a primary residence owned by taxpayers.
Republican Houston Sen. Paul Bettencourt, who authored the plan, said the package would save the average homeowner about 41.5% on property taxes each year.
Fall fun fills October calendar
Fall on the Farm at Reeves Family Farm offers pumpkins, farm activities and autumn-themed fun. The event runs through Oct. 23-24 at Reeves Famaily Farm, 3577 FM 1377, Princeton. Shelley Dowdle/The Princeton Herald Pumpkins, costumes, candy and a little local history...


















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