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.
Taxes & Spending
Higher Taxes on the Horizon: Highland Park ISD
Many city, county, and school district officials are in the early stages of deciding where to set their tax rates for the next fiscal year. In some cases, these local decisions will push property taxes higher, creating new challenges for family budgets and forcing tough personal choices. Given the very real prospect of tax hikes on the...
June 8, 2026