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A BILL TO BE ENTITLED
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AN ACT
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relating to the authority of the Midlothian Municipal Management |
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District No. 3 to impose an ad valorem tax. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 3952.305, Special District Local Laws |
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Code, is amended to read as follows: |
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Sec. 3952.305. TAX RATE. (a) The district's ad valorem tax |
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rate may not exceed 40 cents per $100 valuation. |
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(b) Notwithstanding Subsection (a), the district's ad |
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valorem tax rate may exceed the limit specified by that subsection |
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to the extent necessary to permit the district to comply with |
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Section 3952.303. This subsection does not authorize the district |
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to issue bonds or other obligations if, based on the assessed value |
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of property in the district as shown in the most recent certificate |
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of assessed valuation or certificate of estimated assessed |
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valuation issued by the Ellis Appraisal District available at the |
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time of issuance, the issuance of the bonds or other obligations |
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would require the district to adopt a tax rate that exceeds the |
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limit specified by Subsection (a). |
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SECTION 2. (a) The legal notice of the intention to |
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introduce this Act, setting forth the general substance of this |
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Act, has been published as provided by law, and the notice and a |
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copy of this Act have been furnished to all persons, agencies, |
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officials, or entities to which they are required to be furnished |
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under Section 59, Article XVI, Texas Constitution, and Chapter 313, |
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Government Code. |
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(b) The governor, one of the required recipients, has |
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submitted the notice and Act to the Texas Commission on |
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Environmental Quality. |
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(c) The Texas Commission on Environmental Quality has filed |
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its recommendations relating to this Act with the governor, |
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lieutenant governor, and speaker of the house of representatives |
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within the required time. |
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(d) All requirements of the constitution and laws of this |
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state and the rules and procedures of the legislature with respect |
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to the notice, introduction, and passage of this Act have been |
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fulfilled and accomplished. |
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SECTION 3. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2019. |