| |
| |
|
|
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. |