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A BILL TO BE ENTITLED
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AN ACT
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relating to the dissemination of certain school district ad valorem |
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tax-related information. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 26.17, Tax Code, is amended by adding |
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Subsection (b-1) to read as follows: |
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(b-1) This subsection applies only to property that is |
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located in one or more school districts that have a local revenue |
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level in excess of entitlement as specified by Section 48.257, |
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Education Code, and that, for the school year beginning in the |
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current tax year, have taken measures to reduce the district's |
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local revenue level in accordance with Section 49.002, Education |
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Code. In addition to the information required by Subsection (b) of |
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this section, the database must include, with respect to each |
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property to which this subsection applies that is listed on the |
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appraisal roll for the appraisal district, the following |
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information, if applicable, for each school district in which the |
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property is located: |
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(1) the estimated percentage of the taxes for |
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maintenance and operations imposed by the district for the current |
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tax year that the district is required to pay under the agreement |
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for the school year beginning in the current tax year to purchase |
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average daily attendance credits; |
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(2) the estimated percentage of the taxes for |
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maintenance and operations imposed by the district for the current |
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tax year that the district is not required to pay under the |
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agreement for the school year beginning in the current tax year to |
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purchase average daily attendance credits; and |
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(3) the following statement: |
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"For the current tax year, (name of school district) is |
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estimated to pay (percentage described by Subdivision (1) for |
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applicable school district) of local property tax collections to |
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the state as recaptured local taxes and (percentage described by |
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Subdivision (2) for applicable school district) is estimated to |
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remain in (name of school district) for the maintenance and |
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operations of the district.". |
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SECTION 2. This Act takes effect January 1, 2026. |