Increasing the extent of property tax exemption from the statewide school levy for residential property.

Summary

The bill would let homeowners exempt a larger portion of their home’s appraised value from the statewide school property tax. It changes the exemption limit from $75,000 to $125,000 for all taxable years beginning in 2027. The measure failed to advance and died in committee.

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

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