I passed this for the rest of the state because property taxes are a crusher for a homeowner and the increase in property taxes is a crusher. And the rest of the state. I passed a 2% property tax cap so your property taxes couldn't go up more than 2%. And you had some areas in the state where they were going up 6%, 7%, 8% every year. And we had a 2% cap. It saved over $30 billion to homeowners. (13:29–13:38)
CLAIM
Asserts that a 2% property tax cap was passed to limit property tax increases.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.