Texas Property Tax Reform and Transparency Act (2019)
Texas lawmakers passed Senate Bill 2 in 2019, requiring local governments to calculate a no-new-revenue rate and hold public hearings before adopting property tax rates above it. The first budget year under the law was fiscal year 2020-21.
Cities changed budget calendars to include record votes and hearings.
Taxpayers now get clearer notices and a public chance to object before rates rise.
This hearing is a direct product of the law. The no-new-revenue rate and the required hearings come from it.
