88R9732 RDS-D
 
  By: Bettencourt S.B. No. 1998
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the calculation of certain ad valorem tax rates.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 5.07(g), Tax Code, is amended to read as
  follows:
         (g)  The forms described by Subsection (f) must be in an
  electronic format and:
               (1)  have blanks that can be filled in electronically;
               (2)  be capable of being certified by the designated
  officer or employee after completion as accurately calculating the
  applicable tax rates and using values that are the same as the
  values shown in, as applicable:
                     (A)  the taxing unit's certified appraisal roll;
  or
                     (B)  the certified estimate of taxable value of
  property in the taxing unit prepared under Section 26.01(a-1);
  [and]
               (3)  be capable of being electronically incorporated
  into the property tax database maintained by each appraisal
  district under Section 26.17 and submitted electronically to the
  county assessor-collector of each county in which all or part of the
  territory of the taxing unit is located; and
               (4)  be capable of including for each entry, other than
  an entry making a mathematical calculation, a hyperlink to a
  document that evidences the accuracy of the entry.
         SECTION 2.  Section 26.03, Tax Code, is amended by adding
  Subsection (e) to read as follows:
         (e)  For a taxing unit in which a tax rate calculation for a
  tax year is affected by the application of this section, the
  adjustments to the value of property taxable by the unit and to the
  amount of taxes imposed or collected by the unit prescribed by this
  section shall be calculated separately for each reinvestment zone
  in which the taxing unit participates. The comptroller shall
  ensure that the tax rate calculation forms prescribed under Section
  5.07 provide for the calculations to be made in the manner required
  by this subsection.
         SECTION 3.  Section 26.04(d-1), Tax Code, is amended to read
  as follows:
         (d-1)  The designated officer or employee shall use the tax
  rate calculation forms prescribed by the comptroller under Section
  5.07 in calculating the no-new-revenue tax rate and the
  voter-approval tax rate.  The designated officer or employee must
  include a hyperlink described by Section 5.07(g)(4) for each entry
  on the form, other than an entry making a mathematical calculation.
         SECTION 4.  This Act applies to the calculation of an ad
  valorem tax rate for a tax year that begins on or after the
  effective date of this Act.
         SECTION 5.  This Act takes effect January 1, 2024.