And what that means is that for the first amount of money this exempt, you do not have to pay public school property taxes. Instead, the state of Texas will pay for that property tax. When I became governor, there was a $15,000 exemption...that increased to the first $140,000. pay on your homestead property taxes to your school district. As of what we did this last session, that increased to the first $140,000 of your. That's a good start. (26:10–26:24)
CLAIM
Asserts that the homestead exemption increased from $15,000 to $140,000 during Abbott's tenure.
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