Launching a new round in a long-running fight in Texas, Gov. Greg Abbott on Tuesday unveiled a plan to curb soaring property taxes, calling for a 2.5 percent annual cap on revenue growth from property taxes in each taxing jurisdiction.

Such a move is expected to face strong opposition from cities, counties and school districts, which in many areas have been raising taxes to cover expanding needs, especially in rapidly growing areas such as Fort Bend County and other parts of greater Houston.

It's a political battle that has huge financial impact for Texas property owners.

RELATED GALLERY: New and proposed city property tax rates around the Houston area 

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Media: Houston Chronicle

Under Abbott's plan, voter approval would be needed to raise tax revenues past the cap.

The city of Houston already is under a voter-imposed cap that limits property taxes to the combined rates of inflation and population growth or 4.5 percent, whichever is lower.

With school taxes the biggest drivers of property-tax growth statewide, Abbott said the state will have to pay for some of those increased costs and must stop pushing the costs of new programs off on local authorities.

Texas ranks sixth in the nation in property-tax burden. Since 1997, property taxes in Texas have risen 195 percent overall, according to Abbott's office.

Texas, however, has a low overall tax burden, in part because there is no state income tax.

"With the skyrocketing rise in property taxes, more and more Texans face the risk of being forced out of the homes they have lived in for decades," Abbott said in a statement. "Young families who are just starting out are having trouble affording their first home and businesses are unable to grow and hire more workers.

"Enough is enough," he said, insisting his plan "will take action to limit property tax growth, secure private property rights and ensure that Texas remains the most exceptional state in the nation."

The governor's plan also would require local elected officials who oversee taxing districts would have to publicly vote to raise property-tax appraisals, a move designed make the process more transparent to taxpayers -- and could thwart some increases.

In addition, the plan also would limit local debt -- now at $218.4 billion statewide, the second highest in the nation among the 10 largest states.

Abbott announced his plan at a press conference in Houston, where mushrooming property taxes have become an increasing target for voter angst that has made the area Ground Zero in the growing statewide fight to curb excessive taxation.

"Property taxes are remnants of an antiquated system of taxation that was necessitated because wealth was tied directly to the land: farming & ranching primarily," Abbott's reform plan states. "As Texas has urbanized and the economy has shifted largely to manufacturing, research and development, retail and professional services, the system of taxation is outdated."

Property tax reform has been debated by Texas leaders for years, but reforms have been slow or blocked by local taxing entities who have complained that changes would limit their ability to provide basic and necessary services to their communities, and to comply with state-mandated school standards.