Tax-relief plan headed to Texas governor’s desk

Proponents are calling it the “biggest property tax cut in Texas history.” Both chambers of the Texas Legislature passed an $18 billion package during the second special session, the Austin American-Statesman reported. If signed as expected by Gov. Greg Abbott, the bill raises the homestead exemption to $100,000, with an additional $40,000 exemption for owners 65 and older. It also dedicates…