Topic: Taxes

Property tax cap bill moves toward full Senate without answers to key questions about loss of local funding

Sen. Juan "Chuy" Hinojosa questions SB 2 author Sen. Paul Bettencourt on why the tax cap should be as low as 2.5 percent. With no additional public testimony, the Senate Committee on Property Tax voted yesterday to advance a bill that will cripple local government budgets, including school districts. SB 2 would cap property tax revenue growth at 2.5 percent,...

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