State propositions win big in Highland Lakes and Texas
Voters overwhelmingly approved two Texas constitutional amendment propositions on the May 7 ballot.
Proposition 1 passed with 1.1 million votes statewide. Only 169,011 voters opposed the state constitutional amendment giving disabled and elderly homeowners the benefit of the 2019 Legislature’s property tax reduction that other property owners received. Initially, elderly and disabled Texans couldn’t take advantage of the 2019 reduction because their property tax rates are frozen under the constitution.
Locally, Burnet County voters supported Proposition 1 by a vote of 2,909 to 260. Llano County residents voted 2,223 to 291 in favor of it.
The proposition takes effect Jan. 1, 2023.
Proposition 2 also passed by a large margin. Texans voted 1.1 million in favor and 197,960 against. In Burnet County, voters supported it 2,956 to 227. In Llano County, the vote was 2,310 for and 240 against.
This proposition amends the Texas constitution to increase the amount of the resident homestead exemption from ad valorem taxes for public school purposes to $40,000 from $25,000.
Proposition 2 takes effect immediately and is applied retroactively to Jan. 1, 2022.