What that meant was the first $15,000 valuation of your home, you did not have to pay a school district property tax on, let's be honest, $15,000. That's like your front porch or something like that, not your whole house. This last session, We increased [the homestead exemption] all the way to $140,000. So the first $140,000, you don't have to pay school district property taxes on. Instead, the state of Texas pays that bill. (29:31–31:45)
CLAIM
Asserts that the homestead exemption was 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.
