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Greg Abbott: “Now that exemption is all the way to $140,000.”

Featuring: Greg Abbott, Republican | Governor of Texas

Gov. Greg Abbott Briefs Press On New Texas Property Tax Relief Efforts

Published August 20, 2026 | Video Starts at 02:15

First, $15,000 valuation in your home was not subject to your local school district property tax. After the laws that I've signed since then, Now that exemption is all the way to $140,000. The first $140,000 valuation of your home is not subject to a school district property tax. If you're a Senior, that is $200,000 exemption. (02:15–02:19)

CLAIM

Asserts that the homestead tax exemption has increased to $140,000.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Greg Abbott

“If you're a Senior, that is $200,000 exemption.”
Gov. Greg Abbott Briefs Press On New Texas Property Tax Relief Efforts | Uploaded August 20, 2026 | 02:24-02:29
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“The PUC had requested data and Information from all power grid operators and all that wanted to add on to the power grid about how much…”
Gov. Greg Abbott Briefs Press On New Texas Property Tax Relief Efforts | Uploaded August 20, 2026 | 19:53-20:10
“When I became governor, there was an exemption on the homestead and the homestead tax of $15,000.”
Gov. Greg Abbott Briefs Press On New Texas Property Tax Relief Efforts | Uploaded August 20, 2026 | 01:56-02:05
“Every proposed property tax increase must be subject to a vote and receive a two-thirds vote approval before a property tax increase can go…”
Gov. Greg Abbott Briefs Press On New Texas Property Tax Relief Efforts | Uploaded August 20, 2026 | 03:23-03:35
“Texas law currently allows your appraisal to increase 10% a year.”
Gov. Greg Abbott Briefs Press On New Texas Property Tax Relief Efforts | Uploaded August 20, 2026 | 03:41-03:46
“I want that 10% per year appraisal to be reduced to no more than 3% a year.”
Gov. Greg Abbott Briefs Press On New Texas Property Tax Relief Efforts | Uploaded August 20, 2026 | 03:54-04:02
“We must end using your homestead to fund public education.”
Gov. Greg Abbott Briefs Press On New Texas Property Tax Relief Efforts | Uploaded August 20, 2026 | 04:09-04:15
“Instead of taxing your homestead, it should be the state of Texas that will be responsible for that part of property taxes, that part of…”
Gov. Greg Abbott Briefs Press On New Texas Property Tax Relief Efforts | Uploaded August 20, 2026 | 04:14-04:25
“The property tax bill now is less than it was two years or three years or four years ago.”
Gov. Greg Abbott Briefs Press On New Texas Property Tax Relief Efforts | Uploaded August 20, 2026 | 04:56-05:02
“The state does not impose any type of property tax.”
Gov. Greg Abbott Briefs Press On New Texas Property Tax Relief Efforts | Uploaded August 20, 2026 | 12:57-13:01
“When these four points on my platform, when they get passed, that's going to lead to lower property taxes.”
Gov. Greg Abbott Briefs Press On New Texas Property Tax Relief Efforts | Uploaded August 20, 2026 | 13:04-13:12
“It is going to eliminate what people are paying who have a homestead and what they're paying for school district property taxes.”
Gov. Greg Abbott Briefs Press On New Texas Property Tax Relief Efforts | Uploaded August 20, 2026 | 13:11-13:20
“By reducing the appraisal from 10% to 3%, again, a huge savings in that.”
Gov. Greg Abbott Briefs Press On New Texas Property Tax Relief Efforts | Uploaded August 20, 2026 | 13:25-13:32
“When we have a two thirds vote requirement before a property tax increase can go into effect, that alone is going to be reducing, if not…”
Gov. Greg Abbott Briefs Press On New Texas Property Tax Relief Efforts | Uploaded August 20, 2026 | 13:34-13:46
“All of this together is going to leave thousands of dollars in the pockets of our fellow Texans.”
Gov. Greg Abbott Briefs Press On New Texas Property Tax Relief Efforts | Uploaded August 20, 2026 | 13:46-13:52
“The most important [property tax cut] is to eliminate any school district property tax on the homestead.”
Gov. Greg Abbott Briefs Press On New Texas Property Tax Relief Efforts | Uploaded August 20, 2026 | 16:16-16:23
“Home values are increasing.”
Gov. Greg Abbott Briefs Press On New Texas Property Tax Relief Efforts | Uploaded August 20, 2026 | 16:56-16:58
“They have reduced property taxes and property tax rates every single year while adding more funding for law enforcement.”
Gov. Greg Abbott Briefs Press On New Texas Property Tax Relief Efforts | Uploaded August 20, 2026 | 17:23-17:31
“I have halted any new data center approvals pending an audit.”
Gov. Greg Abbott Briefs Press On New Texas Property Tax Relief Efforts | Uploaded August 20, 2026 | 18:28-18:34
“They cannot take water that's needed for local communities. They cannot take power that's needed for the power grid.”
Gov. Greg Abbott Briefs Press On New Texas Property Tax Relief Efforts | Uploaded August 20, 2026 | 18:43-18:51
“There are, for one, no new data centers coming on board.”
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“The Secretary of Homeland Security [said] they would not be building any border wall or any fence.”
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“We made great progress on achieving [the refunding of the state of Texas] with hopefully an announcement to be coming sometime in the…”
Gov. Greg Abbott Briefs Press On New Texas Property Tax Relief Efforts | Uploaded August 20, 2026 | 22:14-22:22