Texas Targets Property Taxes | Amarillo News

Texas is rolling out bold new plans to slash property taxes on homeowners, with Governor Greg Abbott proposing to eliminate school district taxes for homes while keeping schools funded. Building on recent wins like expanded homestead exemptions—now shielding the first $200K of home value for seniors and disabled residents—lawmakers are also eyeing sales tax cuts as a way to reward all Texans. Meanwhile, Lt. Gov. Dan Patrick’s “Double Nickel” plan would let homeowners freeze their home’s taxable value at age 55, adding another shield for aging Texans. With multiple strategies in play, Texas is tackling one of its most heated fiscal debates head-on. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Sources:https://www.myhighplains.com/news/texas-politics/lawmakers-examine-billions-in-costs-tied-to-school-tax-relief/ More coverage & latest updates:https://sources.thednn.ai/f2b056ebedd9467b Report issues to [email protected].