Texas Senate passes SB 10 property tax relief bill

During the second called 89th Special Session by Gov. Greg Abbott, the Texas Senate passed Sen. Paul Bettencourt’s Senate Bill 10 (SB 10) on an 18 to 12 vote.The billlowers the voterapproval tax rate (VATR), previously known as the rollback rate, for most large cities and counties from 3.5% to 2.5%, matching the growth cap already applied to school districts statewide.“In 2019...