A bill that would change the way cities and counties collect property taxes is moving forward in the Texas House. On Saturday, lawmakers approved Senate Bill 1 on second reading. The measure would lower the rollback rate, or the annual percent increase in property taxes, from 8 percent to 6 percent. Any increases above that would have to go to the public for a vote.
The bill’s sponsor, Representative Dennis Bonnen, R-Angleton, repeatedly noted that SB 1 does not aim to save taxpayers any money, but it would allow them to weigh in on some increases.