VOTERS BACK PROPERTY TAX AMENDMENTS Posted in: Columns Texas voters overwhelmingly approved two proposed amendments on Saturday that will provide property tax relief to homeowners. According to the Austin American-Statesman, nearly 85% of voters supported Proposition 2, which raises the homestead exemption from $25,000 to $40,000 starting this year. That will save the average homeowner about $175 in school ...PLEASE LOG IN FOR PREMIUM CONTENT. Our website requires visitors to log in to view the best local news. Not yet a subscriber? Subscribe today!