| 1 | 1 | | 85R6057 SMH-D |
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| 2 | 2 | | By: Perez H.B. No. 1017 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A BILL TO BE ENTITLED |
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| 6 | 6 | | AN ACT |
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| 7 | 7 | | relating to the calculation of the ad valorem rollback tax rate of a |
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| 8 | 8 | | municipality. |
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| 9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 10 | 10 | | SECTION 1. Section 26.04, Tax Code, is amended by adding |
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| 11 | 11 | | Subsection (c-1) to read as follows: |
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| 12 | 12 | | (c-1) Notwithstanding any other provision of this section, |
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| 13 | 13 | | if this section is amended by an act of the 85th Legislature or a |
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| 14 | 14 | | subsequent legislature of this state and the effect of the |
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| 15 | 15 | | amendment is to reduce the rollback tax rate of a municipality, the |
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| 16 | 16 | | governing body of the municipality may direct the designated |
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| 17 | 17 | | officer or employee to calculate the rollback tax rate of the |
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| 18 | 18 | | municipality in accordance with this section as it existed on |
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| 19 | 19 | | January 1, 2016. |
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| 20 | 20 | | SECTION 2. Section 26.041, Tax Code, is amended by adding |
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| 21 | 21 | | Subsection (c-1) to read as follows: |
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| 22 | 22 | | (c-1) Notwithstanding any other provision of this section, |
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| 23 | 23 | | if this section is amended by an act of the 85th Legislature or a |
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| 24 | 24 | | subsequent legislature of this state and the effect of the |
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| 25 | 25 | | amendment is to reduce the rollback tax rate of a municipality, the |
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| 26 | 26 | | governing body of the municipality may direct the designated |
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| 27 | 27 | | officer or employee to calculate the rollback tax rate of the |
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| 28 | 28 | | municipality in accordance with this section as it existed on |
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| 29 | 29 | | January 1, 2016. |
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| 30 | 30 | | SECTION 3. (a) The change in law made by this Act applies to |
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| 31 | 31 | | the ad valorem tax rate of a municipality beginning with the 2017 |
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| 32 | 32 | | tax year, except as provided by Subsection (b) of this section. |
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| 33 | 33 | | (b) If the governing body of a municipality adopted an ad |
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| 34 | 34 | | valorem tax rate for the municipality for the 2017 tax year before |
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| 35 | 35 | | the effective date of this Act, the change in law made by this Act |
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| 36 | 36 | | applies to the ad valorem tax rate of that municipality beginning |
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| 37 | 37 | | with the 2018 tax year, and the law in effect when the tax rate was |
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| 38 | 38 | | adopted applies to the 2017 tax year with respect to that |
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| 39 | 39 | | municipality. |
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| 40 | 40 | | SECTION 4. This Act takes effect immediately if it receives |
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| 41 | 41 | | a vote of two-thirds of all the members elected to each house, as |
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| 42 | 42 | | provided by Section 39, Article III, Texas Constitution. If this |
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| 43 | 43 | | Act does not receive the vote necessary for immediate effect, this |
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| 44 | 44 | | Act takes effect September 1, 2017. |
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