Old | New | Differences | |
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1 | 1 | 86R13144 TJB-D | |
2 | 2 | By: Bettencourt S.B. No. 2337 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | A BILL TO BE ENTITLED | |
6 | 6 | AN ACT | |
7 | 7 | relating to the treatment of captured appraised value and tax | |
8 | 8 | increment in the calculation of ad valorem tax rates for a taxing | |
9 | 9 | unit. | |
10 | 10 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
11 | 11 | SECTION 1. Section 26.03, Tax Code, is repealed. | |
12 | 12 | SECTION 2. This Act applies to the tax rate calculations | |
13 | 13 | under Chapter 26, Tax Code, for a taxing unit only for a tax year | |
14 | 14 | that begins on or after the effective date of this Act. | |
15 | 15 | SECTION 3. This Act takes effect January 1, 2020. |