Texas 2017 - 85th 1st C.S.

Texas House Bill HB81 Compare Versions

Only one version of the bill is available at this time.
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11 85S10298 SMH-F
22 By: Darby H.B. No. 81
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55 A BILL TO BE ENTITLED
66 AN ACT
77 relating to the number of registered voters of a taxing unit other
88 than a school district who are required to sign a petition for an
99 election to determine whether to reduce the ad valorem tax rate
1010 adopted by the unit to the rollback tax rate in order for the
1111 petition to be valid.
1212 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1313 SECTION 1. Section 26.07(b), Tax Code, is amended to read as
1414 follows:
1515 (b) A petition is valid only if:
1616 (1) it states that it is intended to require an
1717 election in the taxing unit on the question of reducing the tax rate
1818 for the current year;
1919 (2) it is signed by a number of registered voters of
2020 the taxing unit equal to at least:
2121 (A) one [seven] percent of the number of
2222 registered voters of the taxing unit according to the most recent
2323 list of registered voters if the tax rate adopted for the current
2424 tax year would impose taxes for maintenance and operations in an
2525 amount of at least $10 [$5] million; or
2626 (B) three [10] percent of the number of
2727 registered voters of the taxing unit according to the most recent
2828 official list of registered voters if the tax rate adopted for the
2929 current tax year would impose taxes for maintenance and operations
3030 in an amount of less than $10 [$5] million; and
3131 (3) it is submitted to the governing body on or before
3232 the 90th day after the date on which the governing body adopted the
3333 tax rate for the current year.
3434 SECTION 2. The change in law made by this Act applies to the
3535 ad valorem tax rate of a taxing unit beginning with the 2018 tax
3636 year.
3737 SECTION 3. This Act takes effect January 1, 2018.