Texas Property Tax Bill 2025. Property tax reform has been a hot topic in texas politics, with lawmakers proposing various measures to address taxpayer concerns. The new law passed with 83% of the vote in november,.

Lawmakers filed dozens of bills tuesday seeking to further lower texans’ property taxes. Senate bill 2 (bettencourt/meyer) provides property tax relief through tax rate compression, an increase in the homestead exemption, and a pilot project limiting the growth in appraised values.