Austin, TX – State Representative Brooks Landgraf (R-Odessa) announced the initial passage of Senate Bill 4 in the Texas House of Representatives, a measure he proudly co-sponsored to deliver a substantial property tax cut for Texas homeowners.

SB 4 increases the school district homestead exemption from $100,000 to $140,000, delivering substantial tax savings to millions of Texans. The bill also ensures public schools will not suffer any funding losses as a result of the increased exemption.

“We’re putting money back into the pockets of hardworking families, seniors on fixed incomes, and first-time homebuyers—without taking a single dollar away from our classrooms,” Landgraf said. 

Under SB 4, school districts will receive additional state aid to fully offset any reduction in local property tax revenue. State funding will fully backfill school district revenue to ensure teachers, students, and academic programs remain fully supported under the state’s public school finance system.

“I was proud to help get this bill across the finish line in the House,” Landgraf added. “Texans deserve to keep more of what they earn, and this is a measure that will allow Texas taxpayers to keep more money than they otherwise would.”

SB 4 is expected to receive final House approval tomorrow. The increased exemption would take effect in the 2025 tax year, pending voter approval on the November ballot