85R6057 SMH-D
By: Perez H.B. No. 1017
A BILL TO BE ENTITLED
AN ACT
relating to the calculation of the ad valorem rollback tax rate of a
municipality.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 26.04, Tax Code, is amended by adding
Subsection (c-1) to read as follows:
(c-1) Notwithstanding any other provision of this section,
if this section is amended by an act of the 85th Legislature or a
subsequent legislature of this state and the effect of the
amendment is to reduce the rollback tax rate of a municipality, the
governing body of the municipality may direct the designated
officer or employee to calculate the rollback tax rate of the
municipality in accordance with this section as it existed on
January 1, 2016.
SECTION 2. Section 26.041, Tax Code, is amended by adding
Subsection (c-1) to read as follows:
(c-1) Notwithstanding any other provision of this section,
if this section is amended by an act of the 85th Legislature or a
subsequent legislature of this state and the effect of the
amendment is to reduce the rollback tax rate of a municipality, the
governing body of the municipality may direct the designated
officer or employee to calculate the rollback tax rate of the
municipality in accordance with this section as it existed on
January 1, 2016.
SECTION 3. (a) The change in law made by this Act applies to
the ad valorem tax rate of a municipality beginning with the 2017
tax year, except as provided by Subsection (b) of this section.
(b) If the governing body of a municipality adopted an ad
valorem tax rate for the municipality for the 2017 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 municipality beginning
with the 2018 tax year, and the law in effect when the tax rate was
adopted applies to the 2017 tax year with respect to that
municipality.
SECTION 4. 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, 2017.