By: Meyer, Burrows, Bonnen, Thierry, Raymond, H.B. No. 1
      et al.
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to a reduction in the maximum compressed tax rate of a
  school district and additional state aid for certain school
  districts impacted by compression.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subchapter F, Chapter 48, Education Code, is
  amended by adding Sections 48.2555 and 48.283 to read as follows:
         Sec. 48.2555.  MAXIMUM COMPRESSED TAX RATE FOR 2023-2024
  SCHOOL YEAR.  (a) Notwithstanding any other provision of this title
  or Chapter 26, Tax Code, for the 2023-2024 school year, the
  commissioner shall calculate the value of a school district's
  maximum compressed tax rate by determining the district's maximum
  compressed rate under Section 48.2551 or 48.2552(b), if applicable,
  and reducing the tax rate determined under the applicable section
  by $0.162.
         (b)  If a school district's maximum compressed tax rate as
  calculated under Subsection (a) would be less than 90 percent of
  another school district's maximum compressed tax rate under
  Subsection (a), the district's maximum compressed tax rate is the
  value at which the district's maximum compressed tax rate would be
  equal to 90 percent of the other district's maximum compressed tax
  rate.
         (c)  Notwithstanding any other provision of this title or
  Chapter 26, Tax Code, for purposes of determining funding for
  school districts for the 2023-2024 school year, a reference in any
  of the following provisions of law to a school district's maximum
  compressed tax rate or maximum compressed rate as determined under
  Section 48.2551 means the maximum compressed tax rate determined
  for the district under this section:
               (1)  Section 13.054(f);
               (2)  Section 45.003(d);
               (3)  Section 45.0032(a);
               (4)  Section 48.051(a);
               (5)  Sections 48.2553(a) and (e); and
               (6)  Section 26.08(n), Tax Code.
         (d)  For purposes of Section 30.003(f-1), a reference in that
  section to Section 48.2551 includes this section.
         (e)  Notwithstanding any other provision of this title, for
  purposes of determining a school district's maximum compressed tax
  rate under Section 48.2551 for the 2024-2025 school year, the value
  of the district's "PYMCR" is the maximum compressed tax rate
  determined for the district under this section for the preceding
  school year.
         (f)  This section expires September 1, 2025.
         Sec. 48.283.  ADDITIONAL STATE AID FOR CERTAIN DISTRICTS
  IMPACTED BY COMPRESSION. (a) For the 2023-2024 and 2024-2025
  school years, a school district that received an adjustment under
  Section 48.257(b) for the 2022-2023 school year is entitled to
  additional state aid in an amount equal to the difference, if the
  difference is greater than zero, between:
               (1)  the amount of state and local revenue that would
  have been available to the district under this chapter and Chapter
  49 for the current school year if the district's maximum compressed
  tax rate had not been reduced under Section 48.2555, as added by
  H.B. 1, Acts of the 88th Legislature, 1st Called Session, 2023; and
               (2)  the amount of state and local revenue available to
  the district under this chapter and Chapter 49 for the current
  school year.
         (b)  This section expires September 1, 2026.
         SECTION 2.  Section 26.09, Tax Code, is amended by adding
  Subsections (a-1) and (a-2) to read as follows:
         (a-1)  The assessor for a school district shall calculate the
  amount of tax imposed by the district on property for the 2023 tax
  year based on:
               (1)  the tax rate adopted by the governing body of the
  district under Section 26.05; and
               (2)  the tax rate described by Subdivision (1), less:
                     (A)  $0.162; or
                     (B)  if the district is subject to Section
  48.2555(b), Education Code, the amount of the tax reduction
  received by the district determined by the commissioner under that
  section.
         (a-2)  This subsection and Subsection (a-1) expire December
  31, 2024.
         SECTION 3.  Section 31.01, Tax Code, is amended by adding
  Subsections (d-2), (d-3), and (d-4) to read as follows:
         (d-2)  This subsection applies only to taxes imposed by a
  school district for the 2023 tax year. Notwithstanding the deadline
  prescribed by Subsection (a), the assessor for a school district
  shall mail the district's tax bills by December 15 as provided by
  this subsection.  If the constitutional amendment proposed by the
  88th Legislature, 1st Called Session, 2023, excepting certain
  appropriations to pay for school district ad valorem tax relief
  from the constitutional limitation on the rate of growth of
  appropriations is approved by the voters, the assessor for the
  school district shall prepare the tax bill using the amount of tax
  computed under Section 26.09(a-1)(2).  If the constitutional
  amendment is not approved by the voters, the assessor for the school
  district shall prepare the tax bill using the amount of tax computed
  under Section 26.09(a-1)(1).
         (d-3)  This subsection applies only to a tax bill mailed by
  the assessor for a school district that includes only taxes imposed
  by taxing units other than the school district. In addition to the
  information required under Subsection (c), for the 2023 tax year, a
  tax bill or separate statement accompanying the tax bill shall
  include a statement in substantially the following form:
         "School district tax bills will be mailed later than usual
  this year, but not later than December 15th, to allow time to
  determine whether the constitutional amendment proposed by the 88th
  Legislature, 1st Called Session, 2023, excepting certain
  appropriations to pay for school district ad valorem tax relief
  from the constitutional limitation on the rate of growth of
  appropriations is approved by the voters."
         (d-4)  This subsection and Subsections (d-2) and (d-3)
  expire December 31, 2024.
         SECTION 4.  (a) Except as provided by Subsection (b) of this
  section:
               (1)  this Act takes effect immediately if it receives a
  vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution; and
               (2)  if this Act does not receive the vote necessary for
  immediate effect, this Act takes effect on the 91st day after the
  last day of the legislative session.
         (b) Section 1 of this Act takes effect on the date on which
  the constitutional amendment proposed by the 88th Legislature, 1st
  Called Session, 2023, excepting certain appropriations to pay for
  school district ad valorem tax relief from the constitutional
  limitation on the rate of growth of appropriations takes effect. If
  that amendment is not approved by the voters, Section 1 of this Act
  has no effect.