Texas Lawmakers Announce Bill to Rein in Local Property Tax Increases

Texas's top lawmakers announced the first leg of their plan on Thursday to give property owners some tax relief by placing tough restrictions on local government budgets.

In a show of unity between the two chambers, lawmakers filed identical companion bills to cap local property tax revenue for cities, counties and special taxing districts in one of the most far-reaching proposals entertained by the Legislature in recent years.

Lt. Gov. Dan Patrick said homeowners who routinely bemoan the annual increases in their property tax bills, which sometimes jump as much as 6 percent or more every year, are being heard.

Go here to read more from our media partners The Dallas Morning News.

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