It is now in the hands of the Texas House to decide what to do about a new property tax cut plan. The author of the Senate's plan calls it the largest exemption increase in state history. While it could save many people hundreds of dollars on property tax bills,

If the Legislature approves SB 4, Texas voters would have to approve the amendment to the state Constitution to make the tax cut permanent.

The Texas Senate gave unanimous approval Thursday to proposals to cut property taxes by raising the Texas homestead exemption to $140,000, sending the measures to the House. Senate Bill 4 and Senate Joint Resolution 2,