Understanding Texas Proposition 4: Property Tax Change Explained. copertina

Understanding Texas Proposition 4: Property Tax Change Explained.

Understanding Texas Proposition 4: Property Tax Change Explained.

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 In the upcoming November election, Texas residents will have the opportunity to vote on a pivotal piece of legislation, Texas Proposition 4. This proposed bill, already passed by the state legislature, promises to bring about significant changes to property taxes, particularly with respect to homestead properties.

One of the most noteworthy features of Proposition 4 is the substantial increase in property tax discounts offered by school districts. If approved, this change will have a direct impact on homeowners across the state. Currently, homeowners enjoy a $40,000 per year property tax discount on their homestead properties. However, under the new legislation, this discount is set to skyrocket to an impressive $100,000 per year.

Join us in our upcoming podcast episode as we delve deeper into the implications and benefits of Texas Proposition 4, exploring real-world examples with a math breakdown to help you understand how this proposed legislation could affect your property taxes. Discover how this potential change could impact your financial well-being, and gain insights into the upcoming November election. Don't miss this crucial episode as we break down the numbers and offer valuable insights on the future of property taxes in Texas.

For more information or help with the math on your own tax bill you can reach Kristen and/or Robin at:
kristenandrobinknow@gmail.com
Kristen - (903)245-4778
Robin - (936)208-6808
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