By Smith H.B. No. 2044 75R5446 JD-D A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to notice that a municipality must provide before holding 1-3 a public hearing on the adoption of an ad valorem tax increase. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Section 26.05(d), Tax Code, is amended to read as 1-6 follows: 1-7 (d) The governing body may not adopt a tax rate that exceeds 1-8 the lower of the rollback tax rate or 103 percent of the effective 1-9 tax rate calculated as provided by Section 26.04 of this code until 1-10 it has held a public hearing on the proposed increase and has 1-11 otherwise complied with Section 26.06 or 26.065 of this code. The 1-12 governing body of a taxing unit shall reduce a tax rate set by law 1-13 or by vote of the electorate to the lower of the rollback tax rate 1-14 or 103 percent of the effective tax rate and may not adopt a higher 1-15 rate unless it first complies with Section 26.06 or 26.065 of this 1-16 code. 1-17 SECTION 2. Chapter 26, Tax Code, is amended by adding 1-18 Section 26.065 to read as follows: 1-19 Sec. 26.065. NOTICE OF HEARING ON MUNICIPAL TAX INCREASE. 1-20 (a) Sections 26.05(b) and (c) do not apply to a municipality. The 1-21 governing body of a municipality required to hold a public hearing 1-22 by Section 26.05(d) shall: 1-23 (1) publish a notice of the public hearing in the 1-24 newspaper of general circulation in the municipality that has the 2-1 highest subscription rate in the municipality; and 2-2 (2) mail a copy of the notice to the household of each 2-3 person who voted in the most recent general election for municipal 2-4 officers conducted in the municipality, according to the voting 2-5 records of the municipality. 2-6 (b) A notice required by Subsection (a)(1) may not be 2-7 smaller than one-quarter page of the standard-size page of the 2-8 newspaper in which the notice is required to be published, and the 2-9 headline on the notice must be in 18-point or larger type. The 2-10 notice required by Subsection (a)(1) may not be published in the 2-11 part of the newspaper in which legal notices or classified 2-12 advertisements appear. 2-13 (c) The notice must contain a statement in the following 2-14 form: 2-15 "NOTICE OF PUBLIC HEARING ON MUNICIPAL TAX INCREASE" 2-16 "The governing body of (name of municipality) will hold a 2-17 public hearing on a proposal to increase total tax revenues from 2-18 properties on the tax roll in (the preceding year) by (percentage 2-19 by which the proposed tax rate exceeds the lower of the 2-20 municipality's effective or rollback tax rate) percent. Your 2-21 individual (name of municipality) taxes may increase at a greater 2-22 or lesser rate, or even decrease, depending on the change in the 2-23 taxable value of your property in relation to the change in taxable 2-24 value of all other property subject to taxation by (name of 2-25 municipality). 2-26 "The governing body of (name of municipality) will hold the 2-27 public hearing on (date and time) at (meeting place)." 3-1 (d) Notwithstanding Section 26.06(a), the governing body of 3-2 the municipality may not hold the public hearing required by 3-3 Section 26.05 before the seventh day after the later of: 3-4 (1) the date that the notice required by Subsection 3-5 (a)(1) is published; or 3-6 (2) the earliest date on which all or substantially 3-7 all the notices required by Subsection (a)(2) have been mailed. 3-8 SECTION 3. This Act takes effect January 1, 1998. 3-9 SECTION 4. The importance of this legislation and the 3-10 crowded condition of the calendars in both houses create an 3-11 emergency and an imperative public necessity that the 3-12 constitutional rule requiring bills to be read on three several 3-13 days in each house be suspended, and this rule is hereby suspended.