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1 | 1 | 85R3386 KKA-F | |
2 | 2 | By: Thompson of Harris H.B. No. 1324 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | A BILL TO BE ENTITLED | |
6 | 6 | AN ACT | |
7 | 7 | relating to computation of state aid for a school district required | |
8 | 8 | to maintain an optional homestead exemption. | |
9 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
10 | 10 | SECTION 1. Section 42.2522, Education Code, is amended by | |
11 | 11 | adding Subsection (f) to read as follows: | |
12 | 12 | (f) Subsection (a) does not apply to a school district that | |
13 | 13 | is prohibited by Section 11.13(n-1), Tax Code, from reducing the | |
14 | 14 | amount of or repealing an exemption adopted under Section 11.13(n), | |
15 | 15 | Tax Code, and the commissioner shall provide funding under this | |
16 | 16 | chapter based on the district's taxable value of property computed | |
17 | 17 | in accordance with Section 403.302(d)(2), Government Code. This | |
18 | 18 | subsection expires December 31, 2019. | |
19 | 19 | SECTION 2. This Act takes effect September 1, 2017. |