85R3386 KKA-F
By: Thompson of Harris H.B. No. 1324
A BILL TO BE ENTITLED
AN ACT
relating to computation of state aid for a school district required
to maintain an optional homestead exemption.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 42.2522, Education Code, is amended by
adding Subsection (f) to read as follows:
(f) Subsection (a) does not apply to a school district that
is prohibited by Section 11.13(n-1), Tax Code, from reducing the
amount of or repealing an exemption adopted under Section 11.13(n),
Tax Code, and the commissioner shall provide funding under this
chapter based on the district's taxable value of property computed
in accordance with Section 403.302(d)(2), Government Code. This
subsection expires December 31, 2019.
SECTION 2. This Act takes effect September 1, 2017.