AUSTIN, Texas - The plan to increase the Homestead ... Major property tax cuts started in 2015 with the 84th Legislature increasing the homestead exemption from $15,000 to $25,000.

Passed by the 84th Texas Legislature and signed into law by Gov. Greg Abbott, SB 11 took effect Aug. 1, 2016. As part of the law, the University was allowed to establish reasonable rules, regulations ...