85S10097 SMH-F
By: VanDeaver, Shine H.B. No. 168
A BILL TO BE ENTITLED
AN ACT
relating to the calculation of the rollback tax rate of a school
district.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 26.08, Tax Code, is amended by adding
Subsections (q) and (r) to read as follows:
(q) This subsection applies only to a school district
described by Subsection (n) whose adopted tax rate was approved at
an election under this section in the 2006 tax year or any
subsequent tax year. Notwithstanding Subsection (n), for purposes
of this section, the rollback tax rate of the school district is the
higher of:
(1) the amount computed under Subsection (n); or
(2) the sum of the following:
(A) the highest maintenance and operations tax
rate adopted by the district for the 2007 tax year or any subsequent
tax year in which the adopted tax rate of the district was approved
at an election under this section; and
(B) the district's current debt rate.
(r) Subsection (q) applies to a school district only if:
(1) the district has adopted a tax rate equal to or
higher than the rate provided by that subsection for any tax year in
the preceding 10 tax years; and
(2) in the 2016 tax year or any subsequent tax year the
district adopted a tax rate that was lower than the tax rate
described by Subsection (q)(2).
SECTION 2. The change in law made by this Act applies to the
ad valorem tax rate of a school district beginning with the 2018 tax
year.
SECTION 3. This Act takes effect January 1, 2018.