| 1 | 1 | | 85R10898 JCG-F |
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| 2 | 2 | | By: Rodriguez of Travis H.B. No. 3074 |
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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 compensation to be paid to an emergency services |
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| 8 | 8 | | district for a municipality's annexation of the district's |
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| 9 | 9 | | territory. |
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| 10 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 11 | 11 | | SECTION 1. Section 775.022(e), Health and Safety Code, is |
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| 12 | 12 | | amended to read as follows: |
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| 13 | 13 | | (e) The amount of compensation under Subsection (c) shall be |
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| 14 | 14 | | determined by multiplying the district's total indebtedness at the |
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| 15 | 15 | | time of the annexation by a fraction: |
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| 16 | 16 | | (1) the numerator of which is the assessed value of the |
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| 17 | 17 | | property to be annexed based on the most recent certified county |
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| 18 | 18 | | property tax rolls at the time of annexation plus the total amount |
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| 19 | 19 | | of the district's sales and use tax revenue collected by retailers |
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| 20 | 20 | | located in the property to be annexed in the 12 months preceding the |
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| 21 | 21 | | date of annexation, as reported by the comptroller; and |
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| 22 | 22 | | (2) the denominator of which is the total assessed |
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| 23 | 23 | | value of the property of the district based on the most recent |
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| 24 | 24 | | certified county property tax rolls at the time of annexation plus |
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| 25 | 25 | | the total amount of the district's sales and use tax revenue |
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| 26 | 26 | | collected by retailers located in the district in the 12 months |
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| 27 | 27 | | preceding the date of annexation, as reported by the comptroller. |
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| 28 | 28 | | SECTION 2. This Act takes effect September 1, 2017. |
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