Texas 2021 - 87th Regular

Texas Senate Bill SB1434 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	87R7062 TJB-F
2	2	By: Bettencourt S.B. No. 1434
3	3
4	4
5	5	A BILL TO BE ENTITLED
6	6	AN ACT
7	7	relating to public notice of the availability on the Internet of
8	8	property-tax-related information.
9	9	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
10	10	SECTION 1. Section 44.004(c), Education Code, is amended to
11	11	read as follows:
12	12	(c) The notice of public meeting to discuss and adopt the
13	13	budget and the proposed tax rate may not be smaller than one-quarter
14	14	page of a standard-size or a tabloid-size newspaper, and the
15	15	headline on the notice must be in 18-point or larger type. Subject
16	16	to Subsection (d), the notice must:
17	17	(1) contain a statement in the following form:
18	18	"NOTICE OF PUBLIC MEETING TO DISCUSS BUDGET AND PROPOSED TAX RATE
19	19	"The (name of school district) will hold a public meeting at
20	20	(time, date, year) in (name of room, building, physical location,
21	21	city, state). The purpose of this meeting is to discuss the school
22	22	district's budget that will determine the tax rate that will be
23	23	adopted. Public participation in the discussion is invited." The
24	24	statement of the purpose of the meeting must be in bold type. In
25	25	reduced type, the notice must state: "The tax rate that is
26	26	ultimately adopted at this meeting or at a separate meeting at a
27	27	later date may not exceed the proposed rate shown below unless the
28	28	district publishes a revised notice containing the same information
29	29	and comparisons set out below and holds another public meeting to
30	30	discuss the revised notice." In addition, in reduced type, the
31	31	notice must state: "Visit PropertyTaxes.Texas.gov to find a link to
32	32	your local property tax database on which you can easily access
33	33	information regarding your property taxes, including information
34	34	about proposed tax rates and scheduled public hearings of each
35	35	entity that taxes your property.";
36	36	(2) contain a section entitled "Comparison of Proposed
37	37	Budget with Last Year's Budget," which must show the difference,
38	38	expressed as a percent increase or decrease, as applicable, in the
39	39	amounts budgeted for the preceding fiscal year and the amount
40	40	budgeted for the fiscal year that begins in the current tax year for
41	41	each of the following:
42	42	(A) maintenance and operations;
43	43	(B) debt service; and
44	44	(C) total expenditures;
45	45	(3) contain a section entitled "Total Appraised Value
46	46	and Total Taxable Value," which must show the total appraised value
47	47	and the total taxable value of all property and the total appraised
48	48	value and the total taxable value of new property taxable by the
49	49	district in the preceding tax year and the current tax year as
50	50	calculated under Section 26.04, Tax Code;
51	51	(4) contain a statement of the total amount of the
52	52	outstanding and unpaid bonded indebtedness of the school district;
53	53	(5) contain a section entitled "Comparison of Proposed
54	54	Rates with Last Year's Rates," which must:
55	55	(A) show in rows the tax rates described by
56	56	Subparagraphs (i)-(iii), expressed as amounts per $100 valuation of
57	57	property, for columns entitled "Maintenance & Operations,"
58	58	"Interest & Sinking Fund," and "Total," which is the sum of
59	59	"Maintenance & Operations" and "Interest & Sinking Fund":
60	60	(i) the school district's "Last Year's
61	61	Rate";
62	62	(ii) the "Rate to Maintain Same Level of
63	63	Maintenance & Operations Revenue & Pay Debt Service," which:
64	64	(a) in the case of "Maintenance &
65	65	Operations," is the tax rate that, when applied to the current
66	66	taxable value for the district, as certified by the chief appraiser
67	67	under Section 26.01, Tax Code, and as adjusted to reflect changes
68	68	made by the chief appraiser as of the time the notice is prepared,
69	69	would impose taxes in an amount that, when added to state funds to
70	70	be distributed to the district under Chapter 48, would provide the
71	71	same amount of maintenance and operations taxes and state funds
72	72	distributed under Chapter 48 per student in average daily
73	73	attendance for the applicable school year that was available to the
74	74	district in the preceding school year; and
75	75	(b) in the case of "Interest & Sinking
76	76	Fund," is the tax rate that, when applied to the current taxable
77	77	value for the district, as certified by the chief appraiser under
78	78	Section 26.01, Tax Code, and as adjusted to reflect changes made by
79	79	the chief appraiser as of the time the notice is prepared, and when
80	80	multiplied by the district's anticipated collection rate, would
81	81	impose taxes in an amount that, when added to state funds to be
82	82	distributed to the district under Chapter 46 and any excess taxes
83	83	collected to service the district's debt during the preceding tax
84	84	year but not used for that purpose during that year, would provide
85	85	the amount required to service the district's debt; and
86	86	(iii) the "Proposed Rate";
87	87	(B) contain fourth and fifth columns aligned with
88	88	the columns required by Paragraph (A) that show, for each row
89	89	required by Paragraph (A):
90	90	(i) the "Local Revenue per Student," which
91	91	is computed by multiplying the district's total taxable value of
92	92	property, as certified by the chief appraiser for the applicable
93	93	school year under Section 26.01, Tax Code, and as adjusted to
94	94	reflect changes made by the chief appraiser as of the time the
95	95	notice is prepared, by the total tax rate, and dividing the product
96	96	by the number of students in average daily attendance in the
97	97	district for the applicable school year; and
98	98	(ii) the "State Revenue per Student," which
99	99	is computed by determining the amount of state aid received or to be
100	100	received by the district under Chapters 43, 46, and 48 and dividing
101	101	that amount by the number of students in average daily attendance in
102	102	the district for the applicable school year; and
103	103	(C) contain an asterisk after each calculation
104	104	for "Interest & Sinking Fund" and a footnote to the section that, in
105	105	reduced type, states "The Interest & Sinking Fund tax revenue is
106	106	used to pay for bonded indebtedness on construction, equipment, or
107	107	both. The bonds, and the tax rate necessary to pay those bonds, were
108	108	approved by the voters of this district.";
109	109	(6) contain a section entitled "Comparison of Proposed
110	110	Levy with Last Year's Levy on Average Residence," which must:
111	111	(A) show in rows the information described by
112	112	Subparagraphs (i)-(iv), rounded to the nearest dollar, for columns
113	113	entitled "Last Year" and "This Year":
114	114	(i) "Average Market Value of Residences,"
115	115	determined using the same group of residences for each year;
116	116	(ii) "Average Taxable Value of Residences,"
117	117	determined after taking into account the limitation on the
118	118	appraised value of residences under Section 23.23, Tax Code, and
119	119	after subtracting all homestead exemptions applicable in each year,
120	120	other than exemptions available only to disabled persons or persons
121	121	65 years of age or older or their surviving spouses, and using the
122	122	same group of residences for each year;
123	123	(iii) "Last Year's Rate Versus Proposed
124	124	Rate per $100 Value"; and
125	125	(iv) "Taxes Due on Average Residence,"
126	126	determined using the same group of residences for each year; and
127	127	(B) contain the following information: "Increase
128	128	(Decrease) in Taxes" expressed in dollars and cents, which is
129	129	computed by subtracting the "Taxes Due on Average Residence" for
130	130	the preceding tax year from the "Taxes Due on Average Residence" for
131	131	the current tax year;
132	132	(7) contain the following statement in bold print:
133	133	"Under state law, the dollar amount of school taxes imposed on the
134	134	residence of a person 65 years of age or older or of the surviving
135	135	spouse of such a person, if the surviving spouse was 55 years of age
136	136	or older when the person died, may not be increased above the amount
137	137	paid in the first year after the person turned 65, regardless of
138	138	changes in tax rate or property value.";
139	139	(8) contain the following statement in bold print:
140	140	"Notice of Voter-Approval Rate: The highest tax rate the district
141	141	can adopt before requiring voter approval at an election is (the
142	142	school district voter-approval rate determined under Section
143	143	26.08, Tax Code). This election will be automatically held if the
144	144	district adopts a rate in excess of the voter-approval rate of (the
145	145	school district voter-approval rate)."; and
146	146	(9) contain a section entitled "Fund Balances," which
147	147	must include the estimated amount of interest and sinking fund
148	148	balances and the estimated amount of maintenance and operation or
149	149	general fund balances remaining at the end of the current fiscal
150	150	year that are not encumbered with or by corresponding debt
151	151	obligation, less estimated funds necessary for the operation of the
152	152	district before the receipt of the first payment under Chapter 48 in
153	153	the succeeding school year.
154	154	SECTION 2. Section 25.19, Tax Code, is amended by adding
155	155	Subsection (m) to read as follows:
156	156	(m) A notice required by Subsection (a) or (g) must include
157	157	the following statement: "Beginning August 7th, visit
158	158	PropertyTaxes.Texas.gov to find a link to your local property tax
159	159	database on which you can easily access information regarding your
160	160	property taxes, including information regarding the amount of taxes
161	161	that each entity that taxes your property will impose if the entity
162	162	adopts its proposed tax rate. Your local property tax database will
163	163	be updated regularly during August and September as local elected
164	164	officials propose and adopt the property tax rates that will
165	165	determine how much you pay in property taxes."
166	166	SECTION 3. Section 26.04(e-2), Tax Code, is amended to read
167	167	as follows:
168	168	(e-2) By August 7 or as soon thereafter as practicable, the
169	169	chief appraiser of each appraisal district shall deliver by regular
170	170	mail or e-mail to each owner of property located in the appraisal
171	171	district a notice that the estimated amount of taxes to be imposed
172	172	on the owner's property by each taxing unit in which the property is
173	173	located may be found in the property tax database maintained by the
174	174	appraisal district under Section 26.17. The notice must include:
175	175	(1) the following [a] statement: "Visit
176	176	PropertyTaxes.Texas.gov to find a link to your local property tax
177	177	database on which you can easily access information regarding your
178	178	property taxes, including information regarding the amount of taxes
179	179	that each entity that taxes your property will impose if the entity
180	180	adopts its proposed tax rate. Your local property tax database will
181	181	be updated regularly during August and September as local elected
182	182	officials propose and adopt the property tax rates that will
183	183	determine how much you pay in property taxes." [directing the
184	184	property owner to an Internet website from which the owner may
185	185	access information related to the actions taken or proposed to be
186	186	taken by each taxing unit in which the property is located that may
187	187	affect the taxes imposed on the owner's property];
188	188	(2) a statement that the property owner may request
189	189	from the county assessor-collector for the county in which the
190	190	property is located or, if the county assessor-collector does not
191	191	assess taxes for the county, the person who assesses taxes for the
192	192	county under Section 6.24(b), contact information for the assessor
193	193	for each taxing unit in which the property is located, who must
194	194	provide the information described by this subsection to the owner
195	195	on request; and
196	196	(3) the name, address, and telephone number of the
197	197	county assessor-collector for the county in which the property is
198	198	located or, if the county assessor-collector does not assess taxes
199	199	for the county, the person who assesses taxes for the county under
200	200	Section 6.24(b).
201	201	SECTION 4. Section 26.052, Tax Code, is amended by adding
202	202	Subsection (e-1) to read as follows:
203	203	(e-1) Public notice provided under Subsection (c) must
204	204	include the following statement: "Visit PropertyTaxes.Texas.gov to
205	205	find a link to your local property tax database on which you can
206	206	easily access information regarding your property taxes, including
207	207	information about proposed tax rates and scheduled public hearings
208	208	of each entity that taxes your property."
209	209	SECTION 5. Sections 26.06(b-1), (b-2), and (b-3), Tax Code,
210	210	are amended to read as follows:
211	211	(b-1) If the proposed tax rate exceeds the no-new-revenue
212	212	tax rate and the voter-approval tax rate of the taxing unit, the
213	213	notice must contain a statement in the following form:
214	214	"NOTICE OF PUBLIC HEARING ON TAX INCREASE
215	215	"PROPOSED TAX RATE $__________ per $100
216	216	"NO-NEW-REVENUE TAX RATE $__________ per $100
217	217	"VOTER-APPROVAL TAX RATE $__________ per $100
218	218	"The no-new-revenue tax rate is the tax rate for the (current
219	219	tax year) tax year that will raise the same amount of property tax
220	220	revenue for (name of taxing unit) from the same properties in both
221	221	the (preceding tax year) tax year and the (current tax year) tax
222	222	year.
223	223	"The voter-approval tax rate is the highest tax rate that
224	224	(name of taxing unit) may adopt without holding an election to seek
225	225	voter approval of the rate.
226	226	"The proposed tax rate is greater than the no-new-revenue tax
227	227	rate. This means that (name of taxing unit) is proposing to
228	228	increase property taxes for the (current tax year) tax year.
229	229	"A public hearing on the proposed tax rate will be held on
230	230	(date and time) at (meeting place).
231	231	"The proposed tax rate is also greater than the
232	232	voter-approval tax rate. If (name of taxing unit) adopts the
233	233	proposed tax rate, (name of taxing unit) is required to hold an
234	234	election so that the voters may accept or reject the proposed tax
235	235	rate. If a majority of the voters reject the proposed tax rate, the
236	236	tax rate of the (name of taxing unit) will be the voter-approval tax
237	237	rate. The election will be held on (date of election). You may
238	238	contact the (name of office responsible for administering the
239	239	election) for information about voting locations. The hours of
240	240	voting on election day are (voting hours).
241	241	"Your taxes owed under any of the tax rates mentioned above
242	242	can be calculated as follows:
243	243	"Property tax amount = tax rate x taxable value of your
244	244	property / 100
245	245	"(Names of all members of the governing body, showing how
246	246	each voted on the proposal to consider the tax increase or, if one
247	247	or more were absent, indicating the absences.)
248	248	"Visit PropertyTaxes.Texas.gov to find a link to your local
249	249	property tax database on which you can easily access information
250	250	regarding your property taxes, including information about
251	251	proposed tax rates and scheduled public hearings of each entity
252	252	that taxes your property.
253	253	"The 86th Texas Legislature modified the manner in which the
254	254	voter-approval tax rate is calculated to limit the rate of growth of
255	255	property taxes in the state."
256	256	(b-2) If the proposed tax rate exceeds the no-new-revenue
257	257	tax rate but does not exceed the voter-approval tax rate of the
258	258	taxing unit, the notice must contain a statement in the following
259	259	form:
260	260	"NOTICE OF PUBLIC HEARING ON TAX INCREASE
261	261	"PROPOSED TAX RATE $__________ per $100
262	262	"NO-NEW-REVENUE TAX RATE $__________ per $100
263	263	"VOTER-APPROVAL TAX RATE $__________ per $100
264	264	"The no-new-revenue tax rate is the tax rate for the (current
265	265	tax year) tax year that will raise the same amount of property tax
266	266	revenue for (name of taxing unit) from the same properties in both
267	267	the (preceding tax year) tax year and the (current tax year) tax
268	268	year.
269	269	"The voter-approval tax rate is the highest tax rate that
270	270	(name of taxing unit) may adopt without holding an election to seek
271	271	voter approval of the rate.
272	272	"The proposed tax rate is greater than the no-new-revenue tax
273	273	rate. This means that (name of taxing unit) is proposing to
274	274	increase property taxes for the (current tax year) tax year.
275	275	"A public hearing on the proposed tax rate will be held on
276	276	(date and time) at (meeting place).
277	277	"The proposed tax rate is not greater than the voter-approval
278	278	tax rate. As a result, (name of taxing unit) is not required to
279	279	hold an election at which voters may accept or reject the proposed
280	280	tax rate. However, you may express your support for or opposition
281	281	to the proposed tax rate by contacting the members of the (name of
282	282	governing body) of (name of taxing unit) at their offices or by
283	283	attending the public hearing mentioned above.
284	284	"Your taxes owed under any of the tax rates mentioned above
285	285	can be calculated as follows:
286	286	"Property tax amount = tax rate x taxable value of your
287	287	property / 100
288	288	"(Names of all members of the governing body, showing how
289	289	each voted on the proposal to consider the tax increase or, if one
290	290	or more were absent, indicating the absences.)
291	291	"Visit PropertyTaxes.Texas.gov to find a link to your local
292	292	property tax database on which you can easily access information
293	293	regarding your property taxes, including information about
294	294	proposed tax rates and scheduled public hearings of each entity
295	295	that taxes your property.
296	296	"The 86th Texas Legislature modified the manner in which the
297	297	voter-approval tax rate is calculated to limit the rate of growth of
298	298	property taxes in the state."
299	299	(b-3) If the proposed tax rate does not exceed the
300	300	no-new-revenue tax rate but exceeds the voter-approval tax rate of
301	301	the taxing unit, the notice must contain a statement in the
302	302	following form:
303	303	"NOTICE OF PUBLIC HEARING ON TAX RATE
304	304	"PROPOSED TAX RATE $__________ per $100
305	305	"NO-NEW-REVENUE TAX RATE $__________ per $100
306	306	"VOTER-APPROVAL TAX RATE $__________ per $100
307	307	"The no-new-revenue tax rate is the tax rate for the (current
308	308	tax year) tax year that will raise the same amount of property tax
309	309	revenue for (name of taxing unit) from the same properties in both
310	310	the (preceding tax year) tax year and the (current tax year) tax
311	311	year.
312	312	"The voter-approval tax rate is the highest tax rate that
313	313	(name of taxing unit) may adopt without holding an election to seek
314	314	voter approval of the rate.
315	315	"The proposed tax rate is not greater than the no-new-revenue
316	316	tax rate. This means that (name of taxing unit) is not proposing to
317	317	increase property taxes for the (current tax year) tax year.
318	318	"A public hearing on the proposed tax rate will be held on
319	319	(date and time) at (meeting place).
320	320	"The proposed tax rate is greater than the voter-approval tax
321	321	rate. If (name of taxing unit) adopts the proposed tax rate, (name
322	322	of taxing unit) is required to hold an election so that the voters
323	323	may accept or reject the proposed tax rate. If a majority of the
324	324	voters reject the proposed tax rate, the tax rate of the (name of
325	325	taxing unit) will be the voter-approval tax rate. The election
326	326	will be held on (date of election). You may contact the (name of
327	327	office responsible for administering the election) for information
328	328	about voting locations. The hours of voting on election day are
329	329	(voting hours).
330	330	"Your taxes owed under any of the tax rates mentioned above
331	331	can be calculated as follows:
332	332	"Property tax amount = tax rate x taxable value of your
333	333	property / 100
334	334	"(Names of all members of the governing body, showing how
335	335	each voted on the proposal to consider the tax rate or, if one or
336	336	more were absent, indicating the absences.)
337	337	"Visit PropertyTaxes.Texas.gov to find a link to your local
338	338	property tax database on which you can easily access information
339	339	regarding your property taxes, including information about
340	340	proposed tax rates and scheduled public hearings of each entity
341	341	that taxes your property.
342	342	"The 86th Texas Legislature modified the manner in which the
343	343	voter-approval tax rate is calculated to limit the rate of growth of
344	344	property taxes in the state."
345	345	SECTION 6. Section 26.061(b), Tax Code, is amended to read
346	346	as follows:
347	347	(b) The notice of the meeting at which the governing body of
348	348	the taxing unit will vote on the proposed tax rate must contain a
349	349	statement in the following form:
350	350	"NOTICE OF MEETING TO VOTE ON TAX RATE
351	351	"PROPOSED TAX RATE $__________ per $100
352	352	"NO-NEW-REVENUE TAX RATE $__________ per $100
353	353	"VOTER-APPROVAL TAX RATE $__________ per $100
354	354	"The no-new-revenue tax rate is the tax rate for the (current
355	355	tax year) tax year that will raise the same amount of property tax
356	356	revenue for (name of taxing unit) from the same properties in both
357	357	the (preceding tax year) tax year and the (current tax year) tax
358	358	year.
359	359	"The voter-approval tax rate is the highest tax rate that
360	360	(name of taxing unit) may adopt without holding an election to seek
361	361	voter approval of the rate.
362	362	"The proposed tax rate is not greater than the no-new-revenue
363	363	tax rate. This means that (name of taxing unit) is not proposing to
364	364	increase property taxes for the (current tax year) tax year.
365	365	"A public meeting to vote on the proposed tax rate will be
366	366	held on (date and time) at (meeting place).
367	367	"The proposed tax rate is also not greater than the
368	368	voter-approval tax rate. As a result, (name of taxing unit) is not
369	369	required to hold an election to seek voter approval of the
370	370	rate. However, you may express your support for or opposition to
371	371	the proposed tax rate by contacting the members of the (name of
372	372	governing body) of (name of taxing unit) at their offices or by
373	373	attending the public meeting mentioned above.
374	374	"Your taxes owed under any of the above rates can be
375	375	calculated as follows:
376	376	"Property tax amount = tax rate x taxable value of your
377	377	property / 100
378	378	"(Names of all members of the governing body, showing how
379	379	each voted on the proposed tax rate or, if one or more were absent,
380	380	indicating the absences.)
381	381	"Visit PropertyTaxes.Texas.gov to find a link to your local
382	382	property tax database on which you can easily access information
383	383	regarding your property taxes, including information about
384	384	proposed tax rates and scheduled public hearings of each entity
385	385	that taxes your property.
386	386	"The 86th Texas Legislature modified the manner in which the
387	387	voter-approval tax rate is calculated to limit the rate of growth of
388	388	property taxes in the state."
389	389	SECTION 7. Chapter 26, Tax Code, is amended by adding
390	390	Section 26.175 to read as follows:
391	391	Sec. 26.175. PROPERTY TAX DATABASE LOCATOR WEBSITE. (a) In
392	392	this section, "property tax database" means a property tax database
393	393	required to be created and maintained by a chief appraiser under
394	394	Section 26.17.
395	395	(b) The comptroller shall develop and maintain an easily
396	396	accessible Internet website that lists each property tax database
397	397	and includes a method to assist a property owner to identify the
398	398	appropriate property tax database for the owner's property.
399	399	(c) The Internet website must provide a separate link to the
400	400	Internet location of each property tax database.
401	401	(d) The address of the Internet website must be
402	402	"PropertyTaxes.Texas.gov."
403	403	SECTION 8. Section 49.236(a), Water Code, is amended to
404	404	read as follows:
405	405	(a) Before the board adopts an ad valorem tax rate for the
406	406	district for debt service, operation and maintenance purposes, or
407	407	contract purposes, the board shall give notice of each meeting of
408	408	the board at which the adoption of a tax rate will be considered.
409	409	The notice must:
410	410	(1) contain a statement in substantially the following
411	411	form:
412	412	"NOTICE OF PUBLIC HEARING ON TAX RATE
413	413	"The (name of the district) will hold a public hearing on a
414	414	proposed tax rate for the tax year (year of tax levy) on (date and
415	415	time) at (meeting place). Your individual taxes may increase at a
416	416	greater or lesser rate, or even decrease, depending on the tax rate
417	417	that is adopted and on the change in the taxable value of your
418	418	property in relation to the change in taxable value of all other
419	419	property. The change in the taxable value of your property in
420	420	relation to the change in the taxable value of all other property
421	421	determines the distribution of the tax burden among all property
422	422	owners.
423	423	"Visit PropertyTaxes.Texas.gov to find a link to your local
424	424	property tax database on which you can easily access information
425	425	regarding your property taxes, including information about
426	426	proposed tax rates and scheduled public hearings of each entity
427	427	that taxes your property.
428	428	"(Names of all board members and, if a vote was taken, an
429	429	indication of how each voted on the proposed tax rate and an
430	430	indication of any absences.)";
431	431	(2) contain the following information:
432	432	(A) the district's total adopted tax rate for the
433	433	preceding year and the proposed tax rate, expressed as an amount per
434	434	$100;
435	435	(B) the difference, expressed as an amount per
436	436	$100 and as a percent increase or decrease, as applicable, in the
437	437	proposed tax rate compared to the adopted tax rate for the preceding
438	438	year;
439	439	(C) the average appraised value of a residence
440	440	homestead in the district in the preceding year and in the current
441	441	year; the district's total homestead exemption, other than an
442	442	exemption available only to disabled persons or persons 65 years of
443	443	age or older, applicable to that appraised value in each of those
444	444	years; and the average taxable value of a residence homestead in the
445	445	district in each of those years, disregarding any homestead
446	446	exemption available only to disabled persons or persons 65 years of
447	447	age or older;
448	448	(D) the amount of tax that would have been
449	449	imposed by the district in the preceding year on a residence
450	450	homestead appraised at the average appraised value of a residence
451	451	homestead in that year, disregarding any homestead exemption
452	452	available only to disabled persons or persons 65 years of age or
453	453	older;
454	454	(E) the amount of tax that would be imposed by the
455	455	district in the current year on a residence homestead appraised at
456	456	the average appraised value of a residence homestead in that year,
457	457	disregarding any homestead exemption available only to disabled
458	458	persons or persons 65 years of age or older, if the proposed tax
459	459	rate is adopted;
460	460	(F) the difference between the amounts of tax
461	461	calculated under Paragraphs (D) and (E), expressed in dollars and
462	462	cents and described as the annual percentage increase or decrease,
463	463	as applicable, in the tax to be imposed by the district on the
464	464	average residence homestead in the district in the current year if
465	465	the proposed tax rate is adopted; and
466	466	(G) if the proposed combined debt service,
467	467	operation and maintenance, and contract tax rate requires or
468	468	authorizes an election to approve or reduce the tax rate, as
469	469	applicable, a description of the purpose of the proposed tax
470	470	increase;
471	471	(3) contain a statement in substantially the following
472	472	form, as applicable:
473	473	(A) if the district is a district described by
474	474	Section 49.23601:
475	475	"NOTICE OF VOTE ON TAX RATE
476	476	"If the district adopts a combined debt service, operation
477	477	and maintenance, and contract tax rate that would result in the
478	478	taxes on the average residence homestead increasing by more than
479	479	eight percent, an election must be held to determine whether to
480	480	approve the operation and maintenance tax rate under Section
481	481	49.23601, Water Code.";
482	482	(B) if the district is a district described by
483	483	Section 49.23602:
484	484	"NOTICE OF VOTE ON TAX RATE
485	485	"If the district adopts a combined debt service, operation
486	486	and maintenance, and contract tax rate that would result in the
487	487	taxes on the average residence homestead increasing by more than
488	488	3.5 percent, an election must be held to determine whether to
489	489	approve the operation and maintenance tax rate under Section
490	490	49.23602, Water Code."; or
491	491	(C) if the district is a district described by
492	492	Section 49.23603:
493	493	"NOTICE OF TAXPAYERS' RIGHT TO ELECTION TO REDUCE TAX RATE
494	494	"If the district adopts a combined debt service, operation
495	495	and maintenance, and contract tax rate that would result in the
496	496	taxes on the average residence homestead increasing by more than
497	497	eight percent, the qualified voters of the district by petition may
498	498	require that an election be held to determine whether to reduce the
499	499	operation and maintenance tax rate to the voter-approval tax rate
500	500	under Section 49.23603, Water Code."; and
501	501	(4) include the following statement: "The 86th Texas
502	502	Legislature modified the manner in which the voter-approval tax
503	503	rate is calculated to limit the rate of growth of property taxes in
504	504	the state.".
505	505	SECTION 9. Not later than January 1, 2022, the comptroller
506	506	of public accounts shall develop the Internet website required by
507	507	Section 26.175, Tax Code, as added by this Act.
508	508	SECTION 10. The changes in law made by this Act apply only
509	509	to a notice required to be delivered for an ad valorem tax year that
510	510	begins on or after January 1, 2022.
511	511	SECTION 11. This Act takes effect immediately if it
512	512	receives a vote of two-thirds of all the members elected to each
513	513	house, as provided by Section 39, Article III, Texas Constitution.
514	514	If this Act does not receive the vote necessary for immediate
515	515	effect, this Act takes effect September 1, 2021.