Texas Senate Passes Bill That Would Cap Property Tax Growth

This version of the bill would cap property tax growth at 3.5%, triggering an election if a city wants to exceed that number

Texas Senators voted in favor of a new property tax bill Monday afternoon by an 18-13 vote. According to The Dallas Morning News, all of the Republicans, except for Kel Seliger of Amarillo, voted for the bill. There is one more vote that is needed before the legislation goes to the Texas House. The House is expected to hear it next week.

Some Texas mayors, including Dallas' Mike Rawlings and Fort Worth's Betsy Price, opposed the original bill submitted Monday. That bill capped property tax growth at 2.5%, and they were concerned it would affect the delivery of city services. Monday, the Senate changed that cap to 3.5%.

Under the proposal, the 3.5% cap could still be exceeded if approved by voters.

The bill does not cut property taxes, but caps growth on them.

Texas Gov. Greg Abbott (R) released the following statement on the bill.

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