AUSTIN – The Texas Public Policy Foundation’s (TPPF) Center for Local Governance Director James Quintero will testify today before the Senate Committee on Finance on Senate Bill 182, a measure to provide long-lasting property tax relief by reducing the rollback rate for cities, counties, and special districts from 8 percent to 4 percent. This type of structural reform would give voters more control over the growth of soaring local property tax bills.
“In figuring out how best to provide Texas homeowners and businesses with meaningful property tax relief, it is critical that lawmakers not overlook the long-term structural reforms needed to provide lasting effect,” said Quintero. “Texans are all too familiar with past promises of property tax relief that are either short-lived or never materialize at all. The key to realizing long-term tax relief is to begin addressing the source of the problem—as SB 182 does—which is runaway local government finance.”
To schedule an interview with Mr. Quintero, please contact Caroline Espinosa at [email protected] or 512-472-2700.
James Quintero is director of the Center for Local Governance at the Texas Public Policy Foundation.
The Texas Public Policy Foundation is a non-profit, free-market research institute based in Austin, Texas.