Texas Senate passes its tax bill as second special session gets under way in Austin

Senate passes tax bill as second special session begins

The Texas Senate on the first day of the Legislature’s second special session unanimously passed a tax bill last Wednesday that increases the homestead exemption and includes a pay hike for teachers, the Austin American-Statesman reported. The first special session ended with the Senate and House unable to agree on how to provide property tax relief.

The Senate bill provides a $2,000 pay increase for teachers in urban districts over the next two years, and a $6,000 hike for teachers in rural areas. It increases the homestead exemption from $40,000 to $100,000.