Currently, local governments can increase collections by 8 percent before the public can petition for a rollback election. Houston is under different rules because of a voter referendum and can only go to 4 percent….

A measure meant to slow the growth of Texans’ property tax bills has been signed into law. Gov. Greg Abbott gave his stamp of approval to an expansive reform bill Wednesday.

Austin (KXAN) — On Tuesday, state leaders gathered as Governor Greg Abbott signed House Bill 3 into law, a landmark public education finance reform bill.

2019 may have been the perfect year for lawmakers to pass an ambitious and expensive school finance reform and property tax reduction plan. Now Texas politicians face questions about whether doing so — without raising taxes elsewhere — will be sustainable in less auspicious times.

In 2006, the Legislature erased a big chunk of school property taxes for homeowners across the state and replaced the lost revenue for schools with new business taxes, an increased cigarette tax and a revamped motor vehicle tax, among other sources. Teachers, librarians, counselors and nurses received a $2,000 pay raise.