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January 16, 2018 12:38 PM
Gov. Abbott rolls out even tighter proposed property tax revenue caps
Going further than previously failed plans, Abbott proposes capping cities, counties, and ISDs at 2.5 percent
Not
to be outdone by Lt. Gov. Dan Patrick,
Gov. Greg Abbott on Tuesday proposed
severely restricting how much cities, counties, and school districts are allowed to raise property taxes annually.
As
part of his reelection bid, Abbott said “enough is enough” during a news
conference in Houston where he was flanked by Patrick, House Ways and Means Committee
Chairman Dennis Bonnen, Sen. Joan Huffman and others.
The
Texas
Senate’s tax guru, Sen. Paul
Bettencourt, R-Houston, streamed video of the news conference live on Facebook
for all to see.
By Scott Braddock
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Copyright January 16, 2018, Harvey Kronberg, www.quorumreport.com, All rights are reserved
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