Texas House Democrats unveiled a $20.9 billion plan for property tax relief that drops tax rates, increases the homestead exemption, gives annual rebates to renters, and includes pay raises for teachers, the Austin American-Statesmanreported.The newest proposal comes as the Legislature continues wrangling over the issue in the second special session this year.The bill, proposed by Rep. John Bryant, DDallas, is a combination of previous proposals with the added wrinkle of providing benefits for renters, who do not directly pay property taxes. The proposal also would raise the state’s per-student funding to public schools by $1,000 and give a permanent annual ...