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A BILL TO BE ENTITLED
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AN ACT
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relating to the maximum compressed tax rate of a school district. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 48.2552(b), Education Code, is amended |
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to read as follows: |
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(b) If a school district's maximum compressed rate as |
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calculated under Section 48.2551(b) would be less than 80 [90] |
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percent of another school district's maximum compressed rate, the |
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district's maximum compressed rate is the value at which the |
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district's maximum compressed rate would be equal to 80 [90] |
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percent of the other district's maximum compressed rate. |
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SECTION 2. Subchapter F, Chapter 48, Education Code, is |
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amended by adding Sections 48.2555 and 48.283 to read as follows: |
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Sec. 48.2555. MAXIMUM COMPRESSED TAX RATE FOR 2023-2024 |
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SCHOOL YEAR. (a) Notwithstanding any other provision of this title |
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or Chapter 26, Tax Code, for the 2023-2024 school year, the |
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commissioner shall calculate the value of a school district's |
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maximum compressed tax rate by determining the district's maximum |
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compressed rate under Section 48.2551 or 48.2552(b), if applicable, |
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and reducing the tax rate determined under the applicable section |
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by the amount by which the commissioner may reduce each district's |
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maximum compressed tax rate by an equal amount using money |
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appropriated for the purpose of reducing each district's maximum |
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compressed tax rate under this section. |
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(b) If a school district's maximum compressed tax rate as |
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calculated under Subsection (a) would be less than 80 percent of |
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another school district's maximum compressed tax rate under |
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Subsection (a), the district's maximum compressed tax rate is the |
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value at which the district's maximum compressed tax rate would be |
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equal to 80 percent of the other district's maximum compressed tax |
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rate. |
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(c) Notwithstanding any other provision of this title or |
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Chapter 26, Tax Code, for purposes of determining funding for |
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school districts for the 2023-2024 school year, a reference in any |
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of the following provisions of law to a school district's maximum |
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compressed tax rate or maximum compressed rate as determined under |
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Section 48.2551 means the maximum compressed tax rate determined |
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for the district under this section: |
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(1) Section 13.054(f); |
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(2) Section 45.003(d); |
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(3) Section 45.0032(a); |
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(4) Section 48.051(a); |
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(5) Sections 48.2553(a) and (e); and |
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(6) Section 26.08(n), Tax Code. |
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(d) For purposes of Section 30.003(f-1), a reference in that |
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section to Section 48.2551 includes this section. |
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(e) Notwithstanding any other provision of this title, for |
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purposes of determining a school district's maximum compressed tax |
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rate under Section 48.2551 for the 2024-2025 school year, the value |
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of the district's "PYMCR" is the maximum compressed tax rate |
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determined for the district under this section for the preceding |
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school year. |
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(f) This section expires September 1, 2025. |
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Sec. 48.283. ADDITIONAL STATE AID FOR CERTAIN DISTRICTS |
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IMPACTED BY COMPRESSION. A school district that received an |
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adjustment under Section 48.257(b) for the 2022-2023 school year is |
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entitled to additional state aid for each school year in an amount |
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equal to the amount of that adjustment for the 2022-2023 school year |
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less the difference, if the difference is greater than zero, |
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between: |
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(1) the amount to which the district is entitled under |
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this chapter for the current school year; and |
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(2) the amount to which the district would be entitled |
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under this chapter for the current school year if the district's |
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maximum compressed tax rate had not been reduced under Section |
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48.2555, as added by S.B. 4, Acts of the 88th Legislature, Regular |
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Session, 2023. |
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SECTION 3. This Act takes effect September 1, 2023. |