Property tax cuts pass senate unanimously

could expect to see their property tax bill come down $800, says the author of a bill that received unanimous support from the Senate on Wednesday. Houston Senator Paul Bettencourt said the savings are even better for Texans aged 65 or older who own their own home. His SB3 would raise the homestead exemption from $40,000 to $70,000, allowing homeowners to deduct that amount from the value of th...