Texas' GOP leaders take another crack at limiting property tax increases

A plan to cap annual increases in local property taxes was unveiled Tuesday by Gov. Greg AbbottThe proposal would limit how much more in revenue local taxing entities such as cities, counties and school districts could raise each year at 2.5 percent.It would also require the approval of two-thirds of voters to raise the cap above that 2.5 percent threshold, and would require local governments to vote on increasing property appraisals.The tax plan should be a focal point of Abbott’s re-elec