Texas Senate Bill SB600

Texas 2019 - 86th Regular

Caption

Relating to voter approval of a proposed ad valorem tax rate that exceeds the rollback tax rate, including the date for holding the election to approve the tax rate; making conforming changes.

Impact

This bill has significant implications for how local governing bodies set and propose tax rates. By setting a threshold that requires voter approval when taxes exceed the rollback rate, it intends to empower taxpayers to have a greater say in local financial matters. Moreover, the amendments made to existing tax code sections aim to clarify processes, deadlines, and responsibilities for both appraisers and tax assessors, affecting local tax management.

Summary

SB600 aims to revise the voter approval process for proposed ad valorem tax rates that exceed the rollback tax rate within Texas. The bill enhances the transparency and notices that must be delivered to property owners regarding tax rate changes. The proposed legislation underscores the importance of public hearings prior to the adoption of higher tax rates, aiming to provide taxpayers with a clearer understanding of the implications of these decisions on their tax bills.

Contention

Notably, the discussions surrounding this bill highlight concerns about balancing the need for municipalities to raise sufficient revenue against taxpayer protections against excessive tax burden. Proponents argue this approach safeguards taxpayer interests and ensures accountability, while opponents warn it could hinder the ability of local governments to fund essential services in times of fiscal need, as they may face increased difficulty in obtaining necessary funding without voter support.