Revenue & Appraisal Caps: 2015 Bills

The bills:  

• SB 182 by Bettencourt: Lower the roll back effective tax rate to 4%; exceeding that rate automatically triggers an election 
• SB 156 and SJR 14 by Nichols: 5% appraisal cap

Dallas Morning News  breaks down the opposition & support. Opponents Say:

• These bills shift tax burdens (Dallas County Judge Clay Jenkins)
• Cities account for 16% of local taxes while school districts account for 55% (TML)

Supporters Say:

• Lt. Governor Patrick a long time supporter of property tax relief, calling recently for “real tax relief now, and [at] bringing down the value increases that are beyond the reach of many homeowners to keep up with.”
• Senator Bettencourt has pointed to these bills having died in sessions past in the House