Texas early voting ballot includes efforts to lower property taxes for homeowners and businesses [CBS News]
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Source: CBS News
Property tax Propositions Among them is Proposition 13, and if approved by voters, the homestead exemption would increase from $100,000 to $140,000, set to take effect this year. This change would impact nearly 5.7 million Texas homeowners. Then there's Proposition 11, which would increase the homestead exemption for people over 65 and the disabled to $200,000, affecting two million seniors. Proposition 9 would boost the tax exemption for businesses on their equipment and inventory from $25,000 to $125,000. Other constitutional amendments include property tax reductions for the surviving spouses of veterans, for owners whose homes are destroyed by fire, and for property owners whose land is used for border security infrastructure. Understanding the proposed changes Republican Texas State Senator Paul Bettencourt of Houston wrote a majority of the tax bills. He tells CBS News Texas, "these are big cuts..These are all on top of, 2023's record property tax relief bill that, cut
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GFF
Earnings
- 11/19/25 - Miss
GFF
Sec Filings
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- GFF's page on the SEC website