HOUSE BILL 1468 |
HOUSE AUTHOR: Pitts |
EFFECTIVE: 09-01-01 |
SENATE SPONSOR: Cain |
House Bill 1468 amends provisions of the Tax Code relating to certain property tax rate calculations in tax increment reinvestment zones to allow local taxing entities, other than school districts, that are located in counties with a population of less than 500,000 to omit captured appraised value and tax increment fund revenue from their rollback and effective tax rate calculations.