86R2602 JCG-F
By: Rodriguez H.B. No. 2267
A BILL TO BE ENTITLED
AN ACT
relating to compensation to be paid to an emergency services
district for a municipality's annexation of the district's
territory.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 775.022(e), Health and Safety Code, is
amended to read as follows:
(e) The amount of compensation under Subsection (c) shall be
determined by multiplying the district's total indebtedness at the
time of the annexation by a fraction:
(1) the numerator of which is the assessed value of the
property to be annexed based on the most recent certified county
property tax rolls at the time of annexation plus the total amount
of the district's sales and use tax revenue collected by retailers
located in the property to be annexed in the 12 months preceding the
date of annexation, as reported by the comptroller; and
(2) the denominator of which is the total assessed
value of the property of the district based on the most recent
certified county property tax rolls at the time of annexation plus
the total amount of the district's sales and use tax revenue
collected by retailers located in the district in the 12 months
preceding the date of annexation, as reported by the comptroller.
SECTION 2. This Act takes effect September 1, 2019.