Important issues for Texas homeowners

Texans vote for tax relief for seniors, disabled

Voters overwhelmingly approved an amendment to the Texas constitution that will provide property-tax relief to homeowners 65 years and older and homeowners who are disabled. Proposition 1 passed easily, with almost 88% of those who cast ballots voting in favor of the measure that will extend property tax cuts to older homeowners and those with disabilities. Because of the constitutional language of the existing tax freeze provided for those two groups, school property-tax relief approved by the Texas Legislature last year could not be passed on to those homeowners. The change to the Constitution will provide much-needed relief to many people on fixed incomes who can benefit greatly from the savings. The actual savings for each homeowner depends on several factors, including the appraised value of the home and the length of time that the homeowner’s taxes have been frozen.