{"id":3152,"date":"2025-10-14T16:29:16","date_gmt":"2025-10-14T16:29:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/3152\/"},"modified":"2025-10-14T16:29:16","modified_gmt":"2025-10-14T16:29:16","slug":"tax-relief-for-all-homeowners","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/3152\/","title":{"rendered":"Tax relief for all homeowners"},"content":{"rendered":"

TEXAS (KTAL\/KMSS<\/a>) \u2014 On November 4, 2025, 17 constitutional amendments are on the ballot for Texas voters. Our ongoing series will explain what the amendments say, what they mean, why they are on the ballot, and the arguments for and against their passage.<\/p>\n

This is not meant to be a comprehensive breakdown of these amendments; rather, it is an overview of the basics.<\/p>\n

Texas Proposition 11: Tax relief for elderly, disabled homeowners <\/a><\/p>\n

Overview<\/p>\n

\u201cThe constitutional amendment to increase the amount of the exemption of residence homesteads from ad valorem taxation by a school district from $100,000 to $140,000.\u201d<\/p>\n

Texas Amendment 8: Inheritance taxes eliminated forever <\/a><\/p>\n

What it means<\/p>\n

Proposition 13 would increase the nontaxable value of a home for school tax purposes.<\/p>\n

Currently, $100,000 of a home\u2019s value cannot be taxed for school funding purposes. That would be raised to $140,000.<\/p>\n

For example, according to calculations<\/a> by The Texas Tribune<\/a>, the average value of a home in Texas is $302,000. If the proposed exemption had been in place last year, the average homeowner would have saved $490 for the year.<\/p>\n

Accompanying legislation would require the state to compensate for the revenue lost by school districts.<\/p>\n

Estimates place the cost to the state at $2.7 billion for the 2026-2027 budget and more than $1 billion per year afterwards.<\/p>\n

Proposition 10: Temporary tax relief for Texas fire victims <\/a><\/p>\n

Why is it on the ballot?<\/p>\n

Texas currently has a budget surplus. The Legislature is trying to distribute that surplus back to taxpayers.<\/p>\n

Texas Proposition 1 would boost TSTC infrastructure and education <\/a><\/p>\n

Supporters say<\/p>\n

The tax savings would stimulate economic growth.<\/p>\n

Tax relief provided by previous legislatures has been negated by inflation and local taxes.<\/p>\n

The amendment would benefit all homeowners, particularly the elderly on fixed incomes.<\/p>\n

Lower taxes would boost the real estate market.<\/p>\n

The state budget surplus would be used to offset any school district funding losses.<\/p>\n

Lower property taxes could prompt landlords to lower rental costs to ensure competitive pricing.<\/p>\n

Texas Proposition 2 seeks to ban capital gains tax with amendment <\/a><\/p>\n

Opponents say<\/p>\n

The amendment would exclude renters and commercial property owners.<\/p>\n

The state should utilize its current surplus funds to enhance public services rather than implement tax cuts.<\/p>\n

If the state faces revenue shortfalls in the future, schools and public services would suffer.<\/p>\n

A larger homestead exemption would increase the number of people who pay no school property taxes. Those people could support higher taxes that will not affect them.<\/p>\n

The tax relief for individual homeowners is minimal, but the school funding loss could be catastrophic.<\/p>\n

Enshrining tax cuts in the state constitution during a budget surplus is shortsighted and limits the steps future legislatures can take if funding shrinks.<\/p>\n

Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.<\/p>\n

For the latest news, weather, sports, and streaming video, head to KTALnews.com. <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"TEXAS (KTAL\/KMSS) \u2014 On November 4, 2025, 17 constitutional amendments are on the ballot for Texas voters. Our…\n","protected":false},"author":2,"featured_media":3153,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[3601,3600,3599,3603,27,29,28,3602],"class_list":{"0":"post-3152","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-texas","8":"tag-budget-surplus","9":"tag-constitutional-amendment","10":"tag-constitutional-amendments","11":"tag-school-funding","12":"tag-texas","13":"tag-texas-headlines","14":"tag-texas-news","15":"tag-texas-tribune"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/3152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=3152"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/3152\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/3153"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=3152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=3152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=3152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}