Posted on: April 29, 2019
Revenue Cap Bill Passes Senate at 3.5 Percent, House Committee Follows Suit
The Senate version of the property tax revenue cap bill, S.B. 2 by Paul Bettencourt, passed the Senate on April 15 with a 3.5 percent rollback rate. That rate is up from the 2.5 percent number in the as-filed bill.