Priority legislation to address the state's affordability crisis passed the Texas Senate and is now headed for the state house. Senate Bill 4, which carves out a $140,000 homestead exemption, was approved unanimously on Thursday.

It is now in the hands of the Texas House to decide what to do about a new property tax cut plan. The author of the Senate's plan calls it the largest exemption increase in state history. While it could save many people hundreds of dollars on property tax bills,

If the Legislature approves SB 4, Texas voters would have to approve the amendment to the state Constitution to make the tax cut permanent.