Gov. Greg Abbott on Tuesday unveiled a plan to “rein in skyrocketing property taxes” in Texas, looking to lay down a marker in a debate that dominated the legislative sessions last year and promises to remain front and center through the 2018 primaries and his re-election campaign.
“Enough is enough,” Abbott said at a news conference flanked by Republican Lt. Gov. Dan Patrick and several lawmakers. “Texans are fed up with property taxes being raised with impunity. They are tired of endless government spending while honest, hard-working people struggle just to keep up with paying their tax bills. We can no longer sit idly by while homeowners are reduced to tenants of their very own property with taxing authorities playing the role of landlord.”
A key tenet of Abbott’s proposal is to prevent cities, counties and school districts from collecting more than 2.5 percent more in property tax revenue than they did in the previous year without voter approval. That’s a far lower cap than controversial thresholds that twice failed to make it through the Legislature last year. And his plan would require that two-thirds of voters — well beyond a simple majority — approve any increase above that 2.5 percent threshold.