TEXAS, USA — Property owners across Texas can expect to see significant changes on their tax bills this fall, thanks to a sweeping property tax relief package passed by lawmakers during the 2023 legislative session.

Billy White, chief appraiser for the Bell County Appraisal District , said homeowners could see lower school district taxes this year as a result of a proposed increase to the homestead exemption — from $100,000 to $140,000 — pending final voter approval on the November ballot.

“If passed, that’s $40,000 less in taxable value for school districts,” White said. “And legislation indicates it will take effect this year, so most tax bills that go out in October or November will likely reflect that assumption.”

The move is part of a larger $338 billion tax relief plan champio

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