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 Section 26.03, Tax Code, is repealed.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