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Texas Senate unanimously passes property tax reform bill

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76% Informative

The Texas Senate passed SB 4 and a Senate Joint Resolution, both filed by state Sen. Paul Bettencourt , R- Houston .

SB 4 would increase the Homestead Exemption to $ 140,000 and $ 150,000 for seniors.

The bill includes a loophole allowing local jurisdictions to increase property taxes by close to 10% .