The average homeowner could expect to see their property tax bill come down $800, says the author of a bill that received unanimous support from the Senate on Wednesday. Houston Senator Paul BeOencourt said the savings are even beOer for Texans aged 65 or older who own their own home. His SB3 would raise the homestead exempSon from $40,000 to $70,000, allowing homeowners to deduct that amount f...