TPPF: Texas Senate Passes Historic Property Tax Reform
AUSTIN— Today, the full Texas Senate approved the passage of Senate Bill 2, the Property Tax Reform & Relief Act of 2019. Among other things, the bill lowers the rollback tax rate, now called the “no-new-revenue tax rate,” from 8 percent to 3.5 percent for cities, counties, and special districts. It also imposes a rollback rate of...
Press Release April 15, 2019