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Fillable PTAX 324 Application for Senior Citizens Homestead Exemption  Form

Fillable PTAX 324 Application for Senior Citizens Homestead Exemption Form

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property tax has been a super hot topic this year and we've received several questions into our Newsroom about just how this proposed relief package passed by the legislature will impact all of us tonight we narrow down the focus our Jack Fink breaking down how seniors will benefit CBS News Texas viewer Charles sent us these questions how will the tax relief work for people over 65 whose taxes have been frozen for 10 years during this time our property valuation is more than doubled will there actually be a tax reduction for us homeowners over 65 will benefit in a couple of ways first the state legislature approved a law this year that will increase the homestead exemption voters will have to approve this in November because it will require a change to the Texas Constitution this will lower property tax bills even though school property taxes have been frozen for homeowners over 65 and even with some municipalities already providing their own exemptions on their property taxes

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