81R7613 SMH-D
By: Seliger S.B. No. 1385
A BILL TO BE ENTITLED
AN ACT
relating to the calculation of the rollback tax rate of a school
district.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 26.08, Tax Code, is amended by adding
Subsection (p) to read as follows:
(p) Notwithstanding Subsections (i), (n), and (o), if for
the preceding tax year the district adopted a maintenance and
operations tax rate that was less than the district's effective
maintenance and operations tax rate for that tax year, the rollback
tax rate of the district for the current tax year is calculated as
if the district adopted a maintenance and operations tax rate for
the preceding tax year that was equal to the district's effective
maintenance and operations tax rate for that tax year.
SECTION 2. (a) The change in law made by this Act applies
to the ad valorem tax rate of a school district beginning with the
2009 tax year, except as provided by Subsection (b) of this section.
(b) If the governing body of a school district adopted an ad
valorem tax rate for the school district for the 2009 tax year
before the effective date of this Act, the change in law made by
this Act applies to the ad valorem tax rate of that school district
beginning with the 2010 tax year, and the law in effect when the tax
rate was adopted applies to the 2009 tax year with respect to that
school district.
SECTION 3. 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, 2009.