Texas 2017 - 85th Regular

Texas Senate Bill SB1360 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1	1		By: Watson S.B. No. 1360
2		-	(In the Senate - Filed March 6, 2017; March 16, 2017, read
3		-	first time and referred to Committee on Finance; May 5, 2017,
4		-	reported adversely, with favorable Committee Substitute by the
5		-	following vote: Yeas 13, Nays 1; May 5, 2017, sent to printer.)
6		-	Click here to see the committee vote
7		-	COMMITTEE SUBSTITUTE FOR S.B. No. 1360 By: Watson
8	2
9	3
10	4		A BILL TO BE ENTITLED
11	5		AN ACT
12	6		relating to the information required to be included in or with a
13	7		school district ad valorem tax bill.
14	8		BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
15	9		SECTION 1. Section 31.01, Tax Code, is amended by adding
16	10		Subsections (d-2), (d-3), (d-4), (d-5), and (d-6) to read as
17	11		follows:
18	12		(d-2) This subsection and Subsection (d-3) apply only to a
19	13		school district that, for the school year beginning in the current
20	14		tax year, has entered into an agreement with the commissioner of
21	15		education to purchase average daily attendance credits as provided
22	16		by Subchapter D, Chapter 41, Education Code, in an amount
23	17		sufficient, in combination with any other actions taken under that
24	18		chapter, to reduce the school district's wealth per student to a
25	19		level that is equal to or less than the equalized wealth level as
26	20		determined by the commissioner of education under that chapter. In
27	21		addition to any other information required by this section, the tax
28	22		bill or the separate statement must include a statement in the
29	23		following form:
30	24		"Your property taxes for the (name of school district) are
31	25		$____. Of those taxes:
32	26		"$____ will be used by the (name of school district) to fund
33	27		maintenance and operations of the school district;
34	28		"$____ will be used by the (name of school district) to pay
35	29		for bonded indebtedness on construction, equipment, or both; and
36	30		"$____ will be paid by the (name of school district) to the
37	31		state for the purpose of helping fund some other school districts in
38	32		the state."
39	33		(d-3) The assessor for the school district shall compute for
40	34		the current tax year the amount of taxes imposed by the school
41	35		district on the property to fund maintenance and operations of the
42	36		school district and to pay for bonded indebtedness on construction,
43	37		equipment, or both based on the tax rates adopted by the school
44	38		district under Sections 26.05(a)(2) and (1), respectively, for the
45	39		current tax year. The assessor shall compute for the current tax
46	40		year the amount of taxes imposed by the school district on the
47	41		property that are to be paid to the state by:
48	42		(1) multiplying the amount of taxes for maintenance
49	43		and operations imposed by the school district on the property for
50	44		the current tax year by the percentage of the amount of taxes for
51	45		maintenance and operations imposed by the school district for the
52	46		current tax year that the school district is required to pay under
53	47		the agreement for the school year beginning in the current tax year
54	48		to purchase average daily attendance credits; and
55	49		(2) dividing the amount computed under Subdivision (1)
56	50		by 100.
57	51		(d-4) This subsection and Subsection (d-5) apply only to a
58	52		school district that, for the school year beginning in the current
59	53		tax year, is entitled to state aid under Chapter 42, Education Code.
60	54		In addition to any other information required by this section, the
61	55		tax bill or the separate statement must include a statement in the
62	56		following form:
63	57		"Based on your property's value, the total amount of revenue
64	58		the (name of school district) receives is $____. Of that amount:
65	59		"$____ is funded by your property taxes for maintenance and
66	60		operations;
67	61		"$____ is funded by your property taxes for bonded
68	62		indebtedness on construction, equipment, or both; and
69	63		"$____ is funded by the state."
70	64		(d-5) The assessor for the school district shall compute for
71	65		the current tax year:
72	66		(1) the amount the school district receives for
73	67		maintenance and operations and for bonded indebtedness on
74	68		construction, equipment, or both that is funded by the property
75	69		taxes on the property based on the tax rates adopted by the school
76	70		district under Sections 26.05(a)(2) and (1), respectively, for the
77	71		current tax year;
78	72		(2) the amount the school district receives that is
79	73		funded by the state and that is attributable to the property by:
80	74		(A) dividing the total amount of maintenance and
81	75		operations taxes projected to be collected by the school district
82	76		for the school year beginning in the current tax year by the tax
83	77		rate adopted by the school district under Section 26.05(a)(2) for
84	78		the current tax year;
85	79		(B) dividing the amount computed under Paragraph
86	80		(A) by 100;
87	81		(C) dividing the amount of state aid the school
88	82		district is projected to receive for the school year beginning in
89	83		the current tax year under Section 42.253(c), Education Code, by
90	84		the amount computed under Paragraph (B);
91	85		(D) multiplying the amount computed under
92	86		Paragraph (C) by the taxable value of the property; and
93	87		(E) dividing the amount computed under Paragraph
94	88		(D) by 100; and
95	89		(3) the total amount of revenue the school district
96	90		receives that is attributable to the property by adding the amounts
97	91		computed under Subdivisions (1) and (2).
98	92		(d-6) To perform the calculations described by Subsection
99	93		(d-3) or (d-5), as applicable, the assessor for the school district
100	94		may use the information included in the most recent summary of
101	95		finances report provided to the school district by the Texas
102	96		Education Agency or may request that the school district provide
103	97		more accurate information. The school district shall provide the
104	98		requested information to the assessor.
105	99		SECTION 2. This Act applies only to a bill for ad valorem
106	100		taxes imposed for a tax year beginning on or after the effective
107	101		date of this Act. A bill for ad valorem taxes imposed for a tax year
108	102		beginning before the effective date of this Act is governed by the
109	103		law in effect immediately before the effective date of this Act, and
110	104		that law is continued in effect for that purpose.
111	105		SECTION 3. This Act takes effect January 1, 2018.
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