Texas 2011 - 82nd Regular

Texas House Bill HB2338 Compare Versions

The same version is selected twice. Please select two different versions to compare.

Version 1 (Old)

Version 2 (New)

Old	New	Differences
1	1	By: Paxton, Cain, Zedler H.B. No. 2338
2	2	(Senate Sponsor - Birdwell)
3	3	(In the Senate - Received from the House May 16, 2011;
4	4	May 16, 2011, read first time and referred to Committee on
5	5	Intergovernmental Relations; May 21, 2011, reported favorably by
6	6	the following vote: Yeas 3, Nays 0; May 21, 2011, sent to
7	7	printer.)
8	8
9	9
10	10	A BILL TO BE ENTITLED
11	11	AN ACT
12	12	relating to the posting on the Internet by the county
13	13	assessor-collector of information regarding ad valorem tax rates.
14	14	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
15	15	SECTION 1. Chapter 26, Tax Code, is amended by adding
16	16	Section 26.16 to read as follows:
17	17	Sec. 26.16. POSTING OF TAX RATES ON COUNTY'S INTERNET
18	18	WEBSITE. (a) The county assessor-collector for each county that
19	19	maintains an Internet website shall post on the website of the
20	20	county the following information for the most recent five tax years
21	21	beginning with the 2012 tax year for each taxing unit all or part of
22	22	the territory of which is located in the county:
23	23	(1) the adopted tax rate;
24	24	(2) the maintenance and operations rate;
25	25	(3) the debt rate;
26	26	(4) the effective tax rate;
27	27	(5) the effective maintenance and operations rate; and
28	28	(6) the rollback tax rate.
29	29	(b) Each taxing unit all or part of the territory of which is
30	30	located in the county shall provide the information described by
31	31	Subsection (a) pertaining to the taxing unit to the county
32	32	assessor-collector annually following the adoption of a tax rate by
33	33	the taxing unit for the current tax year. The chief appraiser of
34	34	the appraisal district established in the county may assist the
35	35	county assessor-collector in identifying the taxing units required
36	36	to provide information to the assessor-collector.
37	37	(c) The information described by Subsection (a) must be
38	38	presented in the form of a table under the heading "Truth in
39	39	Taxation Summary."
40	40	(d) The county assessor-collector shall post immediately
41	41	below the table prescribed by Subsection (c) the following
42	42	statement:
43	43	"The county is providing this table of property tax rate
44	44	information as a service to the residents of the county. Each
45	45	individual taxing unit is responsible for calculating the property
46	46	tax rates listed in this table pertaining to that taxing unit and
47	47	providing that information to the county.
48	48	"The adopted tax rate is the tax rate adopted by the governing
49	49	body of a taxing unit.
50	50	"The maintenance and operations rate is the component of the
51	51	adopted tax rate of a taxing unit that will impose the amount of
52	52	taxes needed to fund maintenance and operation expenditures of the
53	53	unit for the following year.
54	54	"The debt rate is the component of the adopted tax rate of a
55	55	taxing unit that will impose the amount of taxes needed to fund the
56	56	unit's debt service for the following year.
57	57	"The effective tax rate is the tax rate that would generate
58	58	the same amount of revenue in the current tax year as was generated
59	59	by a taxing unit's adopted tax rate in the preceding tax year from
60	60	property that is taxable in both the current tax year and the
61	61	preceding tax year.
62	62	"The effective maintenance and operations rate is the tax
63	63	rate that would generate the same amount of revenue for maintenance
64	64	and operations in the current tax year as was generated by a taxing
65	65	unit's maintenance and operations rate in the preceding tax year
66	66	from property that is taxable in both the current tax year and the
67	67	preceding tax year.
68	68	"The rollback tax rate is the highest tax rate a taxing unit
69	69	may adopt before requiring voter approval at an election. In the
70	70	case of a taxing unit other than a school district, the voters by
71	71	petition may require that a rollback election be held if the unit
72	72	adopts a tax rate in excess of the unit's rollback tax rate. In the
73	73	case of a school district, an election will automatically be held if
74	74	the district wishes to adopt a tax rate in excess of the district's
75	75	rollback tax rate."
76	76	(e) The comptroller by rule shall prescribe the manner in
77	77	which the information described by this section is required to be
78	78	presented.
79	79	SECTION 2. This Act takes effect September 1, 2011.
80	80	* * * * *