Texas News What are Texas' propositions 1 and 2? Two propositions on the May 7 ballot are designed to lower property taxes in Texas, but the language can be hard to understand.

Proposition 2 increases the exemption to $40,000, which would mean that in this example, you would instead be taxed on a value of $360,000.

The second proposition, Proposition 2, allows homeowners to deduct up to $40,000 from the value of their home before school taxes are levied. More than 84 percent of Texas voters have voted to ...

Texas Proposition 2, which stems from S.J.R. 64, establishes a property tax exemption based on the appraised value of a childcare facility. The exemption must be at least 50 percent of the property… ...

Texas News What are Texas' propositions 1 and 2? Two propositions on the May 7 ballot are designed to lower property taxes in Texas, but the language can be hard to understand.

Election results for Proposition 2, Texas constitutional amendment Voters had the option to vote “yes” or “no” on Proposition 2 and, around 85% of voters voted to approve the measure.

Author: Stephanie Whitfield Published: 3:26 PM CDT April 27, 2022 Updated: 6:39 PM CDT April 27, 2022 ...