There's no actual cap in the new reform. There is a trigger point at 2.5% that calls for voter approval.
Kacel and Swartner are both against the voters having the final say. Their argument is that you elected them to tell you what you need to pay. Fact is, our legislature has failed us. The last reforms were easily circumvented by tax authorities. Interest rates averaged 8.5% when this was last visited.
My message to our so called conservative legislators is that if you won't protect taxpayers we'll protect ourselves.
Tons of spin and outright lies floating around on this issue.
For the truth about what's in SB2 and HB2 look up Texas Public Policy Forum.