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Senate Bill 1024 |
Senate Author: Ogden |
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Effective: 9-1-09 |
House Sponsor: Brown, Fred |
State law provides that if the governing body of a school district adopts a tax rate that exceeds the district's rollback tax rate, district voters at an election must determine whether to approve the adopted tax rate. Senate Bill 1024 amends the Tax Code to establish procedures that apply if voters do not approve that rate, resembling those that apply under current law in the case of another type of taxing unit whose tax rate has been defeated in a rollback election. The assessor for the school district, if voter disapproval occurs after tax bills for the district have been mailed, must prepare and mail corrected tax bills once a new tax rate is adopted by the district's governing body, and include with each new tax bill a brief explanation of the reason for and the effect of the correction. The legislation extends the date on which the taxes become delinquent by a period equal to the lag time between the sending of the original bills and the sending of the corrected bills. It establishes procedures, likewise resembling those for other types of taxing units under current law, governing refund situations that arise when a property owner pays taxes under the original rate and that rate is then defeated in the rollback election by school district voters.