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Senate Bill 1438 |
Senate Author: Bettencourt |
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Effective: 6-16-21 |
House Sponsor: Meyer et al. |
Senate Bill 1438 amends the Education Code and Tax Code to consolidate and revise provisions governing the calculation and adoption of certain property tax rates in a declared disaster area. Among other provisions, the bill excludes epidemics and pandemics from the disasters that trigger the exemption from the requirement for the governing body of a taxing unit to hold an election to approve the taxing unit's adopted tax rate for the year following the year in which a disaster occurs. The bill also limits the taxing units that may temporarily calculate voter‑approval tax rates in the manner provided for a special taxing unit, as is permissible following a disaster, to taxing units that include qualified property damaged by the disaster.
Senate Bill 1438 amends the Special District Local Laws Code and Water Code to exempt certain taxes levied by and collected by a general law water district, the Lake View Management and Development District, and the Reeves County Groundwater Conservation District from the consolidated and revised Tax Code provisions governing the calculation and adoption of certain tax rates in a disaster area.