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Property Tax Relief

After state leaders’ unified rollout, 2.5 percent rollback rate on property tax bill looks unlikely to stick

Three weeks ago, Gov. Greg Abbott convened state state leaders to announce an achievement he hailed as “unprecedented”: The governor, lieutenant governor, House speaker and Republican tax committee chiefs in both chambers had come together on a proposal to curb property tax growth. Two identical bills filed in the Texas House and Senate would trigger automatic local elections when a local government’s property tax revenue grew more than 2.5 percent in a given year.