SB 2 would slow the growth rate of local property taxes by imposing a 2.5 percent property tax revenue trigger whereby a local tax jurisdiction desiring to raise revenue above this rate would automatically trigger an election in November. This could cut the revenue growth rate by more than half, whereby property taxes could not double but every 29 years. Cutting the growth rate by more than half is a great start to keeping Texans from being taxed out of homes and businesses and improving housing affordability.
The Supreme Court Delivers a Win for Safety in Public Spaces
Homelessness in America has reached its highest level since point-in-time (PIT) counts, the method used to estimate “the total number of individuals experiencing homelessness on any given night,” first began being recorded in 2007. The total number of those without shelter in this country has reached a staggering 653,000. In many cities, homelessness is not...