The burden of skyrocketing local property taxes forces too many Texans out of their homes and businesses. HB 2 would make substantial reforms to help rein in this burden. This includes increasing transparency of the appraisal process, replacing complex jargon, and increasing information online. The biggest change that would structurally alter the property tax burden is lowering the rollback rate from 8 percent to 2.5 percent and changing it from a petition-driven election to an automatic one in November.