85S10109 SMH-D
By: Leach H.B. No. 131
A BILL TO BE ENTITLED
AN ACT
relating to the information required to be included in or with a
school district ad valorem tax bill.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 31.01, Tax Code, is amended by adding
Subsections (d-2) and (d-3) to read as follows:
(d-2) This subsection applies only to a school district that
has a wealth per student that exceeds the amount specified by
Section 41.002(a)(1), Education Code, and that, for the school year
beginning in the current tax year, has entered into an agreement
with the commissioner of education to purchase average daily
attendance credits as provided by Subchapter D, Chapter 41,
Education Code, in an amount sufficient, in combination with any
other actions taken under that chapter, to reduce the school
district's wealth per student to a level that is equal to or less
than the equalized wealth level as determined by the commissioner
of education under that chapter. In addition to any other
information required by this section, the tax bill or the separate
statement shall separately state:
(1) the percentage of the taxes for maintenance and
operations imposed by the school district for the current tax year
that the school district is required to pay under the agreement for
the school year beginning in the current tax year to purchase
average daily attendance credits; and
(2) the percentage of the taxes for maintenance and
operations imposed by the school district for the current tax year
that the school district is not required to pay under the agreement
for the school year beginning in the current tax year to purchase
average daily attendance credits.
(d-3) This subsection applies only to a school district to
which Subsection (d-2) does not apply. In addition to any other
information required by this section, the tax bill or the separate
statement shall separately state:
(1) the percentage of the maintenance and operations
revenue of the school district for the school year beginning in the
current tax year that is derived from taxes for maintenance and
operations imposed by the school district for the current tax year;
(2) the percentage of the maintenance and operations
revenue of the school district for the school year beginning in the
preceding tax year that was derived from taxes for maintenance and
operations imposed by the school district for the preceding tax
year;
(3) the percentage of the maintenance and operations
revenue of the school district for the school year beginning in the
current tax year that is derived from state funds distributed to the
school district; and
(4) the percentage of the maintenance and operations
revenue of the school district for the school year beginning in the
preceding tax year that was derived from state funds distributed to
the school district.
SECTION 2. This Act takes effect January 1, 2018.