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A BILL TO BE ENTITLED
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AN ACT
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relating to computation of state aid for a school district required |
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to maintain an optional homestead exemption. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 42.2522, Education Code, is amended by |
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adding Subsection (f) to read as follows: |
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(f) Subsection (a) does not apply to a school district that |
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is prohibited by Section 11.13(n-1), Tax Code, from reducing the |
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amount of or repealing an exemption adopted under Section 11.13(n), |
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Tax Code, and the commissioner shall provide funding under this |
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chapter based on the district's taxable value of property computed |
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in accordance with Section 403.302(d)(2), Government Code. This |
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subsection expires December 31, 2019. |
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SECTION 2. This Act takes effect September 1, 2017. |