Video & Transcript Research : 'homestead'
Page 1 of 60
TX
Texas 89th 2nd C.S.
Pensions, Investments & Financial Services Mar 17th, 2025
Pensions, Investments & Financial Services
Keywords:
disabled veteran, partially disabled veteran, veterans property tax exemption, homestead exemption, ad valorem tax, property tax relief, surviving spouse, appraisal district, Tax Code, local government revenue, homestead portability, service-connected disability, veteran benefits, Texas property tax, residence homestead, disability rating, disaster response, financial assistance, helicopter, municipalities
TX
Transcript Highlights:
- Senate Bill 23 will increase the additional homestead exemption for elderly and disabled homeowners from
- That's a $50,000 increase, coupled with our existing increases to the homestead exemption of SB 4.
- The general homestead exemption was $5,000. The general homestead exemption was $5,000.
- We have consistently said over the years that we prefer a flat dollar homestead exemption as the most
- And you can see the flat homestead exemption is by far the most equitable way to do that.
Keywords:
homestead exemption, elderly, disabled, ad valorem taxation, school district funding, Texas constitutional amendment, property tax relief, school district taxes, ad valorem tax, residence homestead, elderly homeowners, senior citizens, disabled homeowners, age 65 or older, school finance, tax exemption increase, local school taxes, property tax exemption, homestead tax relief, voter approval
Summary:
The Senate Committee on Local Government heard testimony on Senate Bill 23 and its companion constitutional amendment, Senate Joint Resolution 85, both by Senator Bettencourt. The bills would increase the additional homestead exemption for elderly and disabled homeowners from $10,000 to $60,000, which proponents said would significantly reduce property taxes and help seniors and disabled Texans age in place. Bettencourt and supporters described the measure as part of a broader property tax relief package, estimating combined savings of about $950 for over-65 and disabled homeowners when paired with other recent homestead exemption changes.
Witnesses largely supported the proposal. Testimony in favor came from a lawyer, a private citizen, Texas Realtors, the Texas Silver-Haired Legislature, and the Texas Association of Builders, all emphasizing relief for fixed-income seniors, housing stability, and the ability to remain in their homes. Several witnesses noted rising property taxes, medical costs, and the challenges seniors face in moving or affording home modifications. One witness from Every Texan said a flat homestead exemption is the most equitable way to cut property taxes, but argued against additional tax cuts generally, favoring a circuit-breaker approach and warning that permanent tax cuts could reduce funding for schools and other needs.
The committee also discussed data showing many over-65 homeowners already pay no school property taxes in some counties and that the proposed changes would increase that share. After closing public testimony, the committee voted on the measures. Senate Bill 23 was reported favorably to the full Senate by a 7-0 vote, and S.J.R. 85 was also reported favorably by a 7-0 vote. The transcript also shows Senate Bill 898 being laid out and passed unanimously earlier in the meeting, with a recommendation for the local and uncontested calendar.
TX
Transcript Highlights:
- Senate Bill 23 will increase the additional homestead exemption for elderly and disabled homeowners from
- With the additional homestead exemption of SB 4, this will bring the total for elderly and disabled homeowners
- elderly and disabled homeowners with an additional $554 in savings, combined with the $496 of average homestead
- The General Homestead exemption was $5,000. The disabled and veterans exemption was $10,000.
- And that’s what a homestead exemption like this does.
Keywords:
homestead exemption, elderly, disabled, ad valorem taxation, school district funding, Texas constitutional amendment, property tax relief, school district taxes, ad valorem tax, residence homestead, elderly homeowners, senior citizens, disabled homeowners, age 65 or older, school finance, tax exemption increase, local school taxes, property tax exemption, homestead tax relief, voter approval
TX
MN
Transcript Highlights:
- exclusion uh increasing the homestead exclusion uh increasing the property<00:31:52.600>
tax < - House File 2475 is an extension and expansion of the homestead credit refund, so it's often known as
- This bill would increase the homestead credit refund for 174,000 homeowners statewide.
- The homestead credit refund has been around for over 40 years in Minnesota, and Minnesota has been kind
- The homestead credit refund has been around for over 40 years in Minnesota, and Minnesota has been kind
Keywords:
HF2254, Minnesota child credit, baby bonus, child tax credit, income tax, individual income tax, tax relief, newborn, birth credit, family tax credit, tax refund, advance payment, Department of Revenue, taxable year, parenting, families with children, child credit, state regulations, families, taxation
TX
Keywords:
HB 195, Texas Controlled Substances Act, Schedule IV, controlled substances, mifepristone, misoprostol, carisoprodol, Health and Safety Code, drug scheduling, pharmacy regulation, prescription drugs, reproductive health, abortion medication, medication abortion, women's health, prescribing, dispensing, law enforcement, drug control, education reform
TX
LA
Transcript Highlights:
- They would have had to have had ownership of the homestead.
- They would have to retain the use of the homestead.
- And the seller would have to continue to occupy the homestead. And I think there's one more.
- They would have to have had an acre, the ownership of the homestead.
- They would have to retain the use of the homestead.
Keywords:
property tax, blighted properties, urban rehabilitation, tax exemption, local government, financial incentives, blighted property, derelict property, property tax exemption, local redevelopment plans, rehabilitation standards, ad valorem tax, community development, senior citizens, homestead exemption, Louisiana Constitution, motor vehicles, local fees, transaction fees, funding
AL
Alabama 2025 Regular Session
Alabama House Boards, Agencies and Commissions Committee Apr 16th, 2025
Boards, Agencies and Commissions
Keywords:
real estate, disclosures, equitable interest, disciplinary actions, Alabama Real Estate Commission, parole procedures, advocacy, parole board, victim representation, inmate rights, HB397, homestead exemption, ad valorem tax, property tax, tax relief, senior exemption, elderly homeowners, retiree exemption, disability exemption, blind exemption
AL
Alabama 2025 Regular Session
Alabama House Boards, Agencies and Commissions Committee Apr 9th, 2025
Boards, Agencies and Commissions
Keywords:
water recreation, public access, water bodies, recreational use, water commissions, real estate, disclosures, equitable interest, disciplinary actions, Alabama Real Estate Commission, HB397, homestead exemption, ad valorem tax, property tax, tax relief, senior exemption, elderly homeowners, retiree exemption, disability exemption, blind exemption
TX
Texas 89th Regular
Pensions, Investments & Financial Services Mar 17th, 2025
Pensions, Investments & Financial Services
Keywords:
financial crime, card fraud, motor fuel theft, law enforcement, criminal activity, skimmers, prevention, training, credit card fraud, debit card fraud, prosecution, illegal possession, state law, HB 618, Texas insurance code, IVF, in vitro fertilization, fertility treatment, infertility coverage, government employee health benefits
MN
Transcript Highlights:
- <00:02:21.040>
credit <00:02:21.320>refunds, summary on um homestead credit refunds - , summary on um homestead credit refunds, the<00:02:22.480>
the <00:02:22.760>the <00:02 - And the homestead credit challenge.
- <00:13:36.600>
credit, <00:13:36.960>which homestead credit, which homestead credit, which - Thank you for the opportunity to testify. and and the homestead credit is not only and and the homestead
Keywords:
HF2715, homestead credit refund, property tax refund, property tax relief, homeowner tax relief, homestead credit, co-pay reduction, Minnesota property taxes, tax rebate, state refund, income thresholds, inflation adjustment, property tax circuit breaker, housing affordability, elderly homeowners, fixed income, taxation, Minnesota Statutes 290A.04, renters credit, income tax
AL
Keywords:
SJR 2, Senate Joint Resolution 2, constitutional amendment, homestead exemption, property tax relief, school property tax, ad valorem tax, residence homestead, school district taxes, Texas Constitution Article VIII, public school finance, homeowner exemption, elderly exemption, senior tax relief, disabled exemption, tax year 2025, voter approval, November 2025 ballot, local government, Ways & Means
TX
Texas 89th Regular
Press Conference: Lt. Governor Dan Patrick Feb 12th, 2025
Texas Senate Floor Meeting
Transcript Highlights:
- of bills that should have passed the House last year and said we're not giving up on our $100,000 Homestead
Keywords:
SJR 2, Senate Joint Resolution 2, constitutional amendment, homestead exemption, property tax relief, school property tax, ad valorem tax, residence homestead, school district taxes, Texas Constitution Article VIII, public school finance, homeowner exemption, elderly exemption, senior tax relief, disabled exemption, tax year 2025, voter approval, November 2025 ballot, local government, Ways & Means
TX
Keywords:
SJR 2, Senate Joint Resolution 2, constitutional amendment, homestead exemption, property tax relief, school property tax, ad valorem tax, residence homestead, school district taxes, Texas Constitution Article VIII, public school finance, homeowner exemption, elderly exemption, senior tax relief, disabled exemption, tax year 2025, voter approval, November 2025 ballot, local government, Ways & Means
TX
Keywords:
residential property, ad valorem tax, leasing, property appraisal, fair market rent, housing affordability, appraised value, tax limitation, housing market, affordable housing, leased residential real property, rent control, Texas Tax Code, property tax, residential leasing, homestead, tax code, appraisal review board, real estate sales, property tax relief
TX
Keywords:
school district, ad valorem tax, local revenue, tax collection, education funding, border security, tax exemption, ad valorem, real property, infrastructure, Texas-Mexico border, ad valorem taxation, farm products, livestock, timber, death tax, inheritance tax, estate tax, property transfer, constitutional amendment
MN
Minnesota 2025-2026 Regular Session
House Veterans and Military Affairs Division 3/11/26
Veterans and Military Affairs Division
Transcript Highlights:
- House File 3727 talks about an exclusion for homestead property values for disabled veterans at 200,000
- The veteran, when they die, has to be on the homestead.
- So if they're not on that homestead, it doesn't apply.
- The veteran when they die has to be on the homestead.
- So if they're not on that homestead, it doesn't apply. Same thing.
Keywords:
veterans property tax, homestead exclusion, disabled veteran, totally and permanently disabled, service-connected disability, property tax relief, market value exclusion, surviving spouse, family caregiver, county veterans service officer, Minnesota property tax, assessment year 2027, homestead tax benefit, veterans tax exemption, DD214, VA disability rating, veterans, veterans affairs, Department of Veterans Affairs, grant standards
TX
Transcript Highlights:
- However, when you apply it to an average homestead, it does save the average homestead $133.
- The increased homestead exemption amount is a 40% increase in the existing homestead... exemption of
- Old homesteads, new homesteads, whatever. All that money has to go into the state budget.
- The cut for the homestead exemption is $363.
- per the 5.7 million or so homestead accounts.
Keywords:
property tax, homestead exemption, school funding, state aid, constitutional amendment, SJR 2, Senate Joint Resolution 2, property tax relief, school property tax, ad valorem tax, residence homestead, school district taxes, Texas Constitution Article VIII, public school finance, homeowner exemption, elderly exemption, senior tax relief, disabled exemption, tax year 2025, voter approval
AL
Alabama 2026 1st Special Session
Alabama Senate Madison County Legislation Committee Mar 18th, 2026
Madison County Legislation
Bills:
SB371
Keywords:
SB371, Madison County, Alabama constitutional amendment, senior property tax exemption, property tax freeze, ad valorem tax, homestead exemption, elderly homeowners, senior citizens, age 65 and older, owner-occupied housing, principal residence, residential property tax, local tax relief, property tax assessment, county tax exemption, 923, senate, all