Relating to the procedure for the adoption of an ad valorem tax rate by certain special districts.
Impact
The implementation of HB 1728 will require special districts to adhere to new notification guidelines prior to adopting tax rates. This includes mandating detailed notices that outline the proposed tax increases and provide comparisons to previous years' rates. Furthermore, the bill establishes provisions that allow voters to engage in a rollback election if the tax on the average residence homestead exceeds certain thresholds. These changes are expected to enhance public engagement and oversight in the tax setting process.
Summary
House Bill 1728 focuses on modifying the procedures for the adoption of ad valorem tax rates by certain special districts in Texas. This bill aims to amend existing tax regulations, particularly those concerning how tax rates are set and the required notifications and public hearings that must occur during this process. The bill emphasizes transparency in the tax-setting procedure, requiring districts to provide specific information regarding past and proposed tax rates, as well as the implications of these rates for taxpayers.
Contention
While proponents of the bill argue that it increases transparency and accountability for local tax decisions, critics may contend that the added requirements could place burdens on smaller districts that may lack the administrative capacity to comply with the new regulations. The balance between efficient governance and the need for public engagement remains a pivotal point of discussion among lawmakers and constituents regarding HB 1728.
Relating to the calculation of certain ad valorem tax rates of a taxing unit and the manner in which a proposed ad valorem tax rate that exceeds the voter-approval tax rate is approved; making conforming changes.
Relating to the calculation of certain ad valorem tax rates of a taxing unit and the manner in which a proposed ad valorem tax rate that exceeds the voter-approval tax rate is approved; making conforming changes.
Relating to the calculation of certain ad valorem tax rates of a taxing unit and the manner in which a proposed ad valorem tax rate that exceeds the voter-approval tax rate is approved; making conforming changes.
Relating to the calculation of certain ad valorem tax rates of a taxing unit and the manner in which a proposed ad valorem tax rate that exceeds the voter-approval tax rate is approved; making conforming changes.
Relating to the effect of an election at which the voters fail to approve or vote to reduce the ad valorem tax rate adopted by the governing body of a taxing unit.
Relating to an exemption from ad valorem taxation by certain taxing units of a portion of the appraised value of the residence homestead of the parent or guardian of a person who is disabled and who resides with the parent or guardian.
Relating to an adjustment of the limitations on school district, county, municipal, and junior college district ad valorem taxes on residential homesteads of elderly and disabled persons and their surviving spouses.
Relating to the authority of a hospital district to establish an ad valorem tax freeze on the residence homesteads of disabled or elderly persons and their surviving spouses.
Relating to the transfer of the limitation on school district, county, municipal, or junior college district ad valorem taxes on the residence homestead of a person who is elderly or disabled to a subsequent homestead of that person.
Relating to the establishment of a limitation on the total amount of ad valorem taxes that a county may impose on the residence homesteads of individuals who are disabled or elderly and their surviving spouses.
Relating to the establishment of a limitation on the total amount of ad valorem taxes that a county may impose on the residence homesteads of individuals who are disabled or elderly and their surviving spouses.
Relating to the establishment of a limitation on the total amount of ad valorem taxes that certain taxing units may impose on the residence homesteads of individuals who are disabled or elderly and their surviving spouses.
Relating to the establishment of a limitation on the total amount of ad valorem taxes that certain taxing units may impose on the residence homesteads of individuals who are disabled or elderly and their surviving spouses.
Relating to the establishment of a limitation on the total amount of ad valorem taxes that certain taxing units may impose on the residence homesteads of individuals who are disabled or elderly and their surviving spouses.