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STATE CAPITAL HIGHLIGHTS
TEXAS PRESS ASSOCIATION
Proponents are calling it the “biggest property tax cut in Texas history.” Both chambers of the Texas Legislature passed an $18 billion package during the second special session, the Austin American-Statesman reported.
If signed as expected by Gov. Greg Abbott, the bill raises the homestead exemption to $100,000, with an additional $40,000 exemption for owners 65 and…