1 | 1 | | 85S10298 SMH-F |
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2 | 2 | | By: Darby H.B. No. 81 |
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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 the number of registered voters of a taxing unit other |
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8 | 8 | | than a school district who are required to sign a petition for an |
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9 | 9 | | election to determine whether to reduce the ad valorem tax rate |
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10 | 10 | | adopted by the unit to the rollback tax rate in order for the |
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11 | 11 | | petition to be valid. |
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12 | 12 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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13 | 13 | | SECTION 1. Section 26.07(b), Tax Code, is amended to read as |
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14 | 14 | | follows: |
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15 | 15 | | (b) A petition is valid only if: |
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16 | 16 | | (1) it states that it is intended to require an |
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17 | 17 | | election in the taxing unit on the question of reducing the tax rate |
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18 | 18 | | for the current year; |
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19 | 19 | | (2) it is signed by a number of registered voters of |
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20 | 20 | | the taxing unit equal to at least: |
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21 | 21 | | (A) one [seven] percent of the number of |
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22 | 22 | | registered voters of the taxing unit according to the most recent |
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23 | 23 | | list of registered voters if the tax rate adopted for the current |
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24 | 24 | | tax year would impose taxes for maintenance and operations in an |
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25 | 25 | | amount of at least $10 [$5] million; or |
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26 | 26 | | (B) three [10] percent of the number of |
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27 | 27 | | registered voters of the taxing unit according to the most recent |
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28 | 28 | | official list of registered voters if the tax rate adopted for the |
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29 | 29 | | current tax year would impose taxes for maintenance and operations |
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30 | 30 | | in an amount of less than $10 [$5] million; and |
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31 | 31 | | (3) it is submitted to the governing body on or before |
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32 | 32 | | the 90th day after the date on which the governing body adopted the |
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33 | 33 | | tax rate for the current year. |
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34 | 34 | | SECTION 2. The change in law made by this Act applies to the |
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35 | 35 | | ad valorem tax rate of a taxing unit beginning with the 2018 tax |
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36 | 36 | | year. |
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37 | 37 | | SECTION 3. This Act takes effect January 1, 2018. |
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