Texas Gov. Greg Abbott is in North Texas on Monday to sign two bills into law that could save homeowners thousands.
The two bills he is signing will lower property tax burdens in fast-growing areas like Denton County, where he will be signing the bills.
Texas Senate Bill 4
Senate Bill 4 will raise the overall homestead exemption from $100,000 to $140,000.
Texas Senate Bill 23
Senate Bill 23 will raise the exemption to $200,000 for homeowners who are disabled or 65 years of age or older.
Signing the bills will put constitutional amendments on the ballot for voters in November, so it will be up to Texans to get the tax break across the finish line.
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