INC TX-PROP TX CREDIT

Summary

The bill changes the state income tax code so that if a homeowner’s 5% credit for property taxes is larger than the tax they owe, the extra amount is paid back to them. It applies only to individuals who claim the credit and whose adjusted gross income is below $500,000 (joint filers) or $250,000 (all others). The refund is not counted as income for most means‑tested benefit programs.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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