| 1 | 1 | | 88R9078 MEW-F |
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| 2 | 2 | | By: Metcalf H.B. No. 4825 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A BILL TO BE ENTITLED |
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| 6 | 6 | | AN ACT |
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| 7 | 7 | | relating to the calculation of the enrichment tax rate for certain |
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| 8 | 8 | | school districts. |
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| 9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 10 | 10 | | SECTION 1. Section 45.0032, Education Code, is amended by |
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| 11 | 11 | | adding Subsection (e) to read as follows: |
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| 12 | 12 | | (e) This subsection applies only to a district that adopted |
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| 13 | 13 | | for the preceding tax year a maintenance tax rate that is less than |
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| 14 | 14 | | the sum of the district's maximum compressed tax rate, as |
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| 15 | 15 | | determined under Section 48.2551, and six cents. For purposes of |
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| 16 | 16 | | Section 26.08(n)(2)(A), Tax Code, the enrichment tax rate for the |
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| 17 | 17 | | preceding tax year of a district to which this subsection applies is |
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| 18 | 18 | | the sum of the district's enrichment tax rate under Subsection (b) |
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| 19 | 19 | | and one cent. |
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| 20 | 20 | | SECTION 2. This Act applies to a school district beginning |
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| 21 | 21 | | with the 2023 tax year. |
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| 22 | 22 | | SECTION 3. This Act takes effect September 1, 2023. |
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