76R16037 JD-F
By Armbrister S.B. No. 1118
Substitute the following for S.B. No. 1118:
By Oliveira C.S.S.B. No. 1118
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the adoption by the governing body of a taxing unit of
1-3 an ad valorem tax rate.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Subsections (a) and (c), Section 26.05, Tax Code,
1-6 are amended to read as follows:
1-7 (a) The [Except as provided by Subsection (c), the]
1-8 governing body of each taxing unit, before the later of September
1-9 30 [1] or the 60th day after the date the certified appraisal roll
1-10 is received by the taxing unit, [as soon thereafter as practicable]
1-11 shall adopt a tax rate for the current tax year and shall notify
1-12 the assessor for the unit of the rate adopted. The tax rate
1-13 consists of two components, each of which must be approved
1-14 separately. The components are:
1-15 (1) the rate that, if applied to the total taxable
1-16 value, will impose the total amount published under Section
1-17 26.04(e)(3)(C) [of this code], less any amount of additional sales
1-18 and use tax revenue that will be used to pay debt service; and
1-19 (2) the rate that, if applied to the total taxable
1-20 value, will impose the amount of taxes needed to fund maintenance
1-21 and operation expenditures of the unit for the next year.
1-22 (c) If the governing body of a taxing unit does not adopt a
1-23 tax rate before the date required by Subsection (a) [appraisal roll
2-1 is delivered to a county after August 22, the county must adopt a
2-2 tax rate not later than the 30th day after the date on which the
2-3 appraisal roll is received. If a tax rate is not adopted during
2-4 this 30-day period], the tax rate for the taxing unit for that tax
2-5 year is the lower of the effective tax rate calculated for that tax
2-6 year or the tax rate adopted by the taxing unit for the preceding
2-7 tax year. A tax rate established by this subsection [That rate] is
2-8 treated as an adopted tax rate. Before the fifth day after [Within
2-9 five days of] the establishment [adoption] of a tax rate by
2-10 [pursuant to] this subsection, the governing body of the taxing
2-11 unit [county] must ratify the applicable [such] tax rate in the
2-12 manner required [as provided] by Subsection (b) [of this section].
2-13 SECTION 2. This Act takes effect January 1, 2000, and
2-14 applies to the ad valorem tax rate of a taxing unit for a tax year
2-15 that begins on or after that date.
2-16 SECTION 3. The importance of this legislation and the
2-17 crowded condition of the calendars in both houses create an
2-18 emergency and an imperative public necessity that the
2-19 constitutional rule requiring bills to be read on three several
2-20 days in each house be suspended, and this rule is hereby suspended.