This website will be unavailable from Thursday, May 30, 2024 at 6:00 p.m. through Monday, June 3, 2024 at 7:00 a.m. due to data center maintenance.
Amend the Casteel amendment to CSHB 1006 as follows:
(1) On page 1, line 2, strike "section" and substitute
"sections".
(2) At the end of the amendment, add the following:
SECTION . Section 26.09, Tax Code, is amended by adding
Subsection (f) to read as follows:
(f) Notwithstanding Subsection (c), the amount of the tax
imposed on a property calculated under that subsection shall be
reduced by a percentage of that amount of tax equal to the
percentage of the increase, if any, in the consumer price index for
the preceding calendar year, rounded to the nearest one-hundredth
of one percent. For purposes of this subsection, "consumer price
index" means the average over a calendar year of the Consumer Price
Index for All Urban Consumers (CPI-U), U.S. City Average, or its
successor in function, published monthly by the United State Bureau
of Labor Statistics.