| 1 | 1 | | 86R4316 SMH-D |
|---|
| 2 | 2 | | By: Watson S.B. No. 343 |
|---|
| 3 | 3 | | |
|---|
| 4 | 4 | | |
|---|
| 5 | 5 | | A BILL TO BE ENTITLED |
|---|
| 6 | 6 | | AN ACT |
|---|
| 7 | 7 | | relating to the information required to be included in or with a |
|---|
| 8 | 8 | | school district ad valorem tax bill. |
|---|
| 9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|---|
| 10 | 10 | | SECTION 1. Section 31.01, Tax Code, is amended by adding |
|---|
| 11 | 11 | | Subsections (d-2), (d-3), (d-4), (d-5), and (d-6) to read as |
|---|
| 12 | 12 | | follows: |
|---|
| 13 | 13 | | (d-2) This subsection and Subsection (d-3) apply only to a |
|---|
| 14 | 14 | | school district that, for the school year beginning in the current |
|---|
| 15 | 15 | | tax year, has entered into an agreement with the commissioner of |
|---|
| 16 | 16 | | education to purchase average daily attendance credits as provided |
|---|
| 17 | 17 | | by Subchapter D, Chapter 41, Education Code, in an amount |
|---|
| 18 | 18 | | sufficient, in combination with any other actions taken under that |
|---|
| 19 | 19 | | chapter, to reduce the school district's wealth per student to a |
|---|
| 20 | 20 | | level that is equal to or less than the equalized wealth level as |
|---|
| 21 | 21 | | determined by the commissioner of education under that chapter. In |
|---|
| 22 | 22 | | addition to any other information required by this section, the tax |
|---|
| 23 | 23 | | bill or the separate statement must include a statement in the |
|---|
| 24 | 24 | | following form: |
|---|
| 25 | 25 | | "Your property taxes for the (name of school district) are |
|---|
| 26 | 26 | | $____. Of those taxes: |
|---|
| 27 | 27 | | "$____ will be used by the (name of school district) to fund |
|---|
| 28 | 28 | | maintenance and operations of the school district; |
|---|
| 29 | 29 | | "$____ will be used by the (name of school district) to pay |
|---|
| 30 | 30 | | for bonded indebtedness on construction, equipment, or both; and |
|---|
| 31 | 31 | | "$____ will be paid by the (name of school district) to the |
|---|
| 32 | 32 | | state for the purpose of helping fund certain other school |
|---|
| 33 | 33 | | districts in the state." |
|---|
| 34 | 34 | | (d-3) The assessor for the school district shall compute for |
|---|
| 35 | 35 | | the current tax year the amount of taxes imposed by the school |
|---|
| 36 | 36 | | district on the property to fund maintenance and operations of the |
|---|
| 37 | 37 | | school district and to pay for bonded indebtedness on construction, |
|---|
| 38 | 38 | | equipment, or both based on the tax rates adopted by the school |
|---|
| 39 | 39 | | district under Sections 26.05(a)(2) and (1), respectively, for the |
|---|
| 40 | 40 | | current tax year. The assessor shall compute for the current tax |
|---|
| 41 | 41 | | year the amount of taxes imposed by the school district on the |
|---|
| 42 | 42 | | property that are to be paid to the state by: |
|---|
| 43 | 43 | | (1) multiplying the amount of taxes for maintenance |
|---|
| 44 | 44 | | and operations imposed by the school district on the property for |
|---|
| 45 | 45 | | the current tax year by the percentage of the amount of taxes for |
|---|
| 46 | 46 | | maintenance and operations imposed by the school district for the |
|---|
| 47 | 47 | | current tax year that the school district is required to pay under |
|---|
| 48 | 48 | | the agreement for the school year beginning in the current tax year |
|---|
| 49 | 49 | | to purchase average daily attendance credits; and |
|---|
| 50 | 50 | | (2) dividing the amount computed under Subdivision (1) |
|---|
| 51 | 51 | | by 100. |
|---|
| 52 | 52 | | (d-4) This subsection and Subsection (d-5) apply only to a |
|---|
| 53 | 53 | | school district that, for the school year beginning in the current |
|---|
| 54 | 54 | | tax year, is entitled to state aid under Chapter 42, Education Code. |
|---|
| 55 | 55 | | In addition to any other information required by this section, the |
|---|
| 56 | 56 | | tax bill or the separate statement must include a statement in the |
|---|
| 57 | 57 | | following form: |
|---|
| 58 | 58 | | "Based on your property's value, the total amount of revenue |
|---|
| 59 | 59 | | the (name of school district) receives is $____. Of that amount: |
|---|
| 60 | 60 | | "$____ is funded by your property taxes for maintenance and |
|---|
| 61 | 61 | | operations; |
|---|
| 62 | 62 | | "$____ is funded by your property taxes for bonded |
|---|
| 63 | 63 | | indebtedness on construction, equipment, or both; and |
|---|
| 64 | 64 | | "$____ is funded by the state." |
|---|
| 65 | 65 | | (d-5) The assessor for the school district shall compute for |
|---|
| 66 | 66 | | the current tax year: |
|---|
| 67 | 67 | | (1) the amount the school district receives for |
|---|
| 68 | 68 | | maintenance and operations and for bonded indebtedness on |
|---|
| 69 | 69 | | construction, equipment, or both that is funded by the property |
|---|
| 70 | 70 | | taxes on the property based on the tax rates adopted by the school |
|---|
| 71 | 71 | | district under Sections 26.05(a)(2) and (1), respectively, for the |
|---|
| 72 | 72 | | current tax year; |
|---|
| 73 | 73 | | (2) the amount the school district receives that is |
|---|
| 74 | 74 | | funded by the state and that is attributable to the property by: |
|---|
| 75 | 75 | | (A) dividing the total amount of maintenance and |
|---|
| 76 | 76 | | operations taxes projected to be collected by the school district |
|---|
| 77 | 77 | | for the school year beginning in the current tax year by the tax |
|---|
| 78 | 78 | | rate adopted by the school district under Section 26.05(a)(2) for |
|---|
| 79 | 79 | | the current tax year; |
|---|
| 80 | 80 | | (B) dividing the amount computed under Paragraph |
|---|
| 81 | 81 | | (A) by 100; |
|---|
| 82 | 82 | | (C) dividing the amount of state aid the school |
|---|
| 83 | 83 | | district is projected to receive for the school year beginning in |
|---|
| 84 | 84 | | the current tax year under Section 42.253(c), Education Code, by |
|---|
| 85 | 85 | | the amount computed under Paragraph (B); |
|---|
| 86 | 86 | | (D) multiplying the amount computed under |
|---|
| 87 | 87 | | Paragraph (C) by the taxable value of the property; and |
|---|
| 88 | 88 | | (E) dividing the amount computed under Paragraph |
|---|
| 89 | 89 | | (D) by 100; and |
|---|
| 90 | 90 | | (3) the total amount of revenue the school district |
|---|
| 91 | 91 | | receives that is attributable to the property by adding the amounts |
|---|
| 92 | 92 | | computed under Subdivisions (1) and (2). |
|---|
| 93 | 93 | | (d-6) To perform the calculations described by Subsection |
|---|
| 94 | 94 | | (d-3) or (d-5), as applicable, the assessor for the school district |
|---|
| 95 | 95 | | may use the information included in the most recent summary of |
|---|
| 96 | 96 | | finances report provided to the school district by the Texas |
|---|
| 97 | 97 | | Education Agency or may request that the school district provide |
|---|
| 98 | 98 | | more accurate information. The school district shall provide the |
|---|
| 99 | 99 | | requested information to the assessor. |
|---|
| 100 | 100 | | SECTION 2. This Act applies only to a bill for ad valorem |
|---|
| 101 | 101 | | taxes imposed for a tax year beginning on or after the effective |
|---|
| 102 | 102 | | date of this Act. A bill for ad valorem taxes imposed for a tax year |
|---|
| 103 | 103 | | beginning before the effective date of this Act is governed by the |
|---|
| 104 | 104 | | law in effect immediately before the effective date of this Act, and |
|---|
| 105 | 105 | | that law is continued in effect for that purpose. |
|---|
| 106 | 106 | | SECTION 3. This Act takes effect January 1, 2020. |
|---|