1-1 By: Junell, et al. (Senate Sponsor - Wentworth) H.B. No. 1520 1-2 (In the Senate - Received from the House April 23, 1999; 1-3 April 26, 1999, read first time and referred to Committee on 1-4 Finance; May 5, 1999, reported favorably by the following vote: 1-5 Yeas 10, Nays 0; May 5, 1999, sent to printer.) 1-6 A BILL TO BE ENTITLED 1-7 AN ACT 1-8 relating to public notice of ad valorem tax rates for certain 1-9 taxing units with low tax levies. 1-10 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-11 SECTION 1. Chapter 26, Tax Code, is amended by adding 1-12 Section 26.052 to read as follows: 1-13 Sec. 26.052. SIMPLIFIED TAX RATE NOTICE FOR TAXING UNITS 1-14 WITH LOW TAX LEVIES. (a) This section applies only to a taxing 1-15 unit for which the total tax rate proposed for the current tax 1-16 year: 1-17 (1) is 50 cents or less per $100 of taxable value; and 1-18 (2) would impose taxes of $500,000 or less when 1-19 applied to the current total value for the taxing unit. 1-20 (b) A taxing unit to which this section applies is exempt 1-21 from the notice and publication requirements of Section 26.04(e) 1-22 and is not subject to an injunction under Section 26.04(g) for 1-23 failure to comply with those requirements. 1-24 (c) A taxing unit to which this section applies may provide 1-25 public notice of its proposed tax rate in either of the following 1-26 methods not later than the seventh day before the date on which the 1-27 tax rate is adopted: 1-28 (1) mailing a notice of the proposed tax rate to each 1-29 owner of taxable property in the taxing unit; or 1-30 (2) publishing notice of the proposed tax rate in the 1-31 legal notices section of a newspaper having general circulation in 1-32 the taxing unit. 1-33 (d) A taxing unit that provides public notice of a proposed 1-34 tax rate under Subsection (c) is exempt from Sections 26.05(d) and 1-35 26.06 and is not subject to an injunction under Section 26.05(e) 1-36 for failure to comply with Section 26.05(d). A taxing unit that 1-37 provides public notice of a proposed tax rate under Subsection (c) 1-38 may not adopt a tax rate that exceeds the rate set out in the 1-39 notice unless the taxing unit provides additional public notice 1-40 under Subsection (c) of the higher rate or complies with Sections 1-41 26.05(d) and 26.06, as applicable, in adopting the higher rate. 1-42 (e) Public notice provided under Subsection (c) must 1-43 specify: 1-44 (1) the tax rate that the governing body proposes to 1-45 adopt; 1-46 (2) the date, time, and location of the meeting of the 1-47 governing body of the taxing unit at which the governing body will 1-48 consider adopting the proposed tax rate; and 1-49 (3) if the proposed tax rate for the taxing unit 1-50 exceeds the unit's effective tax rate calculated as provided by 1-51 Section 26.04, a statement substantially identical to the 1-52 following: "The proposed tax rate would increase total taxes in 1-53 (name of taxing unit) by (percentage by which the proposed tax rate 1-54 exceeds the effective tax rate)." 1-55 SECTION 2. The importance of this legislation and the 1-56 crowded condition of the calendars in both houses create an 1-57 emergency and an imperative public necessity that the 1-58 constitutional rule requiring bills to be read on three several 1-59 days in each house be suspended, and this rule is hereby suspended, 1-60 and that this Act take effect and be in force from and after its 1-61 passage, and it is so enacted. 1-62 * * * * *