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.
Local Government
May 2026 Bond Election Report
Although there have been many strides taken at the state level to reduce the property tax burden, local governments’ incessant and reckless spending continues to drive up the bill. Key points: In May 2026, Texas voters considered 439 bonds. Of those, 233 were approved. The passage rate for bond propositions for the May 2026 cycle...
November 3, 2026