| |
| |
| |
|
|
AN ACT
|
|
|
relating to the voter-approval tax rate used to calculate the |
|
|
unused increment rate of a taxing unit for ad valorem tax purposes. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Section 26.013(a)(2), Tax Code, is amended to |
|
|
read as follows: |
|
|
(2) "Voter-approval tax rate" means a taxing unit's |
|
|
voter-approval tax rate in the applicable preceding tax year, as |
|
|
adopted by the taxing unit during the applicable preceding tax |
|
|
year, less the unused increment rate for that preceding tax year. |
|
|
SECTION 2. 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. If this |
|
|
Act does not receive the vote necessary for immediate effect, this |
|
|
Act takes effect September 1, 2023. |
|
|
|
|
|
|
| |
| |
| |
| |
______________________________ |
______________________________ |
| |
President of the Senate |
Speaker of the House |
| |
|
|
I hereby certify that S.B. No. 2350 passed the Senate on |
|
|
April 27, 2023, by the following vote: Yeas 31, Nays 0. |
|
|
|
| |
| |
______________________________ |
| |
Secretary of the Senate |
| |
|
|
I hereby certify that S.B. No. 2350 passed the House on |
|
|
May 24, 2023, by the following vote: Yeas 134, Nays 4, one |
|
|
present not voting. |
|
|
|
| |
| |
______________________________ |
| |
Chief Clerk of the House |
| |
|
|
|
| |
|
|
Approved: |
|
|
|
|
|
______________________________ |
|
|
Date |
|
|
|
|
|
|
|
|
______________________________ |
|
|
Governor |