Senate Bill 2, also known as the Texas Property Tax Reform and Transparency Act of 2019, was
passed by the Texas Legislature in 2019. At its most fundamental level, S.B. 2 reforms the system
of property taxation in three primary ways: (1) lowering the tax rate a taxing unit can adopt
without voter approval and requiring a mandatory election to go above the lowered rate; (2)
making numerous changes to the procedure by which a city adopts a tax rate; and (3) making
several changes to the property tax appraisal process.