By: Taylor of Collin  S.B. No. 1407
         (In the Senate - Filed March 7, 2017; March 16, 2017, read
  first time and referred to Committee on Finance; May 4, 2017,
  reported favorably by the following vote:  Yeas 13, Nays 1;
  May 4, 2017, sent to printer.)
Click here to see the committee vote
 
 
A BILL TO BE ENTITLED
 
AN ACT
 
  relating to the information required to be included in or with a
  school district ad valorem tax bill.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 31.01, Tax Code, is amended by adding
  Subsections (d-2) and (d-3) to read as follows:
         (d-2)  This subsection applies only to a school district that
  has a wealth per student that exceeds the amount specified by
  Section 41.002(a)(1), Education Code, and that, for the school year
  beginning in the current tax year, has entered into an agreement
  with the commissioner of education to purchase average daily
  attendance credits as provided by Subchapter D, Chapter 41,
  Education Code, in an amount sufficient, in combination with any
  other actions taken under that chapter, to reduce the school
  district's wealth per student to a level that is equal to or less
  than the equalized wealth level as determined by the commissioner
  of education under that chapter. In addition to any other
  information required by this section, the tax bill or the separate
  statement shall separately state:
               (1)  the percentage of the taxes for maintenance and
  operations imposed by the school district for the current tax year
  that the school district is required to pay under the agreement for
  the school year beginning in the current tax year to purchase
  average daily attendance credits; and
               (2)  the percentage of the taxes for maintenance and
  operations imposed by the school district for the current tax year
  that the school district is not required to pay under the agreement
  for the school year beginning in the current tax year to purchase
  average daily attendance credits.
         (d-3)  This subsection applies only to a school district to
  which Subsection (d-2) does not apply. In addition to any other
  information required by this section, the tax bill or the separate
  statement shall separately state:
               (1)  the percentage of the maintenance and operations
  revenue of the school district for the school year beginning in the
  current tax year that is derived from taxes for maintenance and
  operations imposed by the school district for the current tax year;
               (2)  the percentage of the maintenance and operations
  revenue of the school district for the school year beginning in the
  preceding tax year that was derived from taxes for maintenance and
  operations imposed by the school district for the preceding tax
  year;
               (3)  the percentage of the maintenance and operations
  revenue of the school district for the school year beginning in the
  current tax year that is derived from state funds distributed to the
  school district; and
               (4)  the percentage of the maintenance and operations
  revenue of the school district for the school year beginning in the
  preceding tax year that was derived from state funds distributed to
  the school district.
         SECTION 2.  This Act takes effect January 1, 2018.
 
  * * * * *