We went in there and we increased your homestead exemption. You have a homestead and there's a certain amount of the value of that homestead where you don't have to pay taxes for We increased your homestead exemption... that homestead exemption was $15,000. Now it raised all the way up to $140,000. What that means is the first $140,000 valuation of your house is not going to be taxed by the school district instead of the state of Texas is going to pay for that cost. (24:06–24:26)
CLAIM
Asserts that the homestead exemption in Texas increased from $15,000 to $140,000.
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