Amend CSHB 1900 (house committee report) as follows:
(1) On page 5, line 1, strike "26.0444" and substitute "26.0444, 26.0445,".
(2) On page 5, between lines 24 and 25, insert the following:
Sec. 26.0445. TAX RATE ADJUSTMENT FOR MUNICIPAL PUBLIC SAFETY BUDGETED EXPENDITURES. (a) In this section:
(1) "Current fiscal year" means a municipality's fiscal year beginning in the tax year preceding the current tax year.
(2) "Preceding fiscal year" means a municipality's fiscal year ending in the tax year preceding the current tax year.
(3) "Public safety budgeted expenditures" means the amount of money appropriated by a municipality in the municipality's adopted budget for a fiscal year for the municipality's police department.
(b) If a municipality's public safety budgeted expenditures for the municipality's current fiscal year exceed the amount of those expenditures for the municipality's preceding fiscal year, the no-new-revenue maintenance and operations rate for the municipality is increased by the rate computed according to the following formula:
(Current Fiscal Year's Public Safety Budgeted Expenditures - Preceding Fiscal Year's Public Safety Budgeted Expenditures) / (Current Total Value - New Property Value)
(c) The municipality shall include a notice of the increase in the no-new-revenue maintenance and operations rate provided by this section, including a description and amount of public safety budgeted expenditures, in the information published under Section 26.04(e) and, as applicable, in the notice prescribed by Section 26.06 or 26.061.