AUSTIN – June 12, 2019 – Governor Greg Abbott today signed into law Senate Bill 2, which delivers significant property tax reforms that will cap property tax increases without voter approval and provide tax reform to homeowners and businesses across Texas. The Governor hosted the bill signing at Wally’s Burger Express in Austin, TX. Wally’s Burger Express is a family-owned business founded in 1980 that has been struggling due to skyrocketing property taxes. Just this year, Wally’s property taxes increased 44%.
The Governor was joined at the bill signing by Robert Mayfield, the owner of Wally’s Burger Express, Lieutenant Governor Dan Patrick, Speaker Dennis Bonnen, Representatives Dustin Burrows, Terry Canales, and John Zerwas, and Senators Kelly Hancock, Dawn Buckingham and Charles Perry.
“We made it clear from the outset of this session that our goal was not to simply mask the problem of skyrocketing property taxes, but to make transformative changes that would provide meaningful and lasting reform,” said Governor Abbott. “Because of the work by legislators this session, we are ensuring that Texas remains the best state in the nation to live, work, start a business, and raise a family. By signing Senate Bill 2 into law, we are making tremendous strides to provide long-awaited relief to Texas homeowners and businesses.”