Texas 2023 - 88th Regular

Texas Senate Bill SB1998 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New	Differences
1	1	S.B. No. 1998
2	2
3	3
4	4	AN ACT
5	5	relating to the calculation of certain ad valorem tax rates.
6	6	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
7	7	SECTION 1. Section 5.07(g), Tax Code, is amended to read as
8	8	follows:
9	9	(g) The forms described by Subsection (f) must be in an
10	10	electronic format and:
11	11	(1) have blanks that can be filled in electronically;
12	12	(2) be capable of being certified by the designated
13	13	officer or employee after completion as accurately calculating the
14	14	applicable tax rates and using values that are the same as the
15	15	values shown in, as applicable:
16	16	(A) the taxing unit's certified appraisal roll;
17	17	or
18	18	(B) the certified estimate of taxable value of
19	19	property in the taxing unit prepared under Section 26.01(a-1);
20	20	[and]
21	21	(3) be capable of being electronically incorporated
22	22	into the property tax database maintained by each appraisal
23	23	district under Section 26.17 and submitted electronically to the
24	24	county assessor-collector of each county in which all or part of the
25	25	territory of the taxing unit is located; and
26	26	(4) be capable of including for each entry, other than
27	27	an entry making a mathematical calculation, a hyperlink to a
28	28	document that evidences the accuracy of the entry.
29	29	SECTION 2. Section 26.03, Tax Code, is amended by adding
30	30	Subsection (e) to read as follows:
31	31	(e) For a taxing unit in which a tax rate calculation for a
32	32	tax year is affected by the application of this section, the
33	33	adjustments to the value of property taxable by the unit and to the
34	34	amount of taxes imposed or collected by the unit prescribed by this
35	35	section shall be calculated separately for each reinvestment zone
36	36	in which the taxing unit participates. The comptroller shall
37	37	ensure that the tax rate calculation forms prescribed under Section
38	38	5.07 provide for the calculations to be made in the manner required
39	39	by this subsection.
40	40	SECTION 3. Section 26.04(d-1), Tax Code, is amended to read
41	41	as follows:
42	42	(d-1) The designated officer or employee shall use the tax
43	43	rate calculation forms prescribed by the comptroller under Section
44	44	5.07 in calculating the no-new-revenue tax rate and the
45	45	voter-approval tax rate. The designated officer or employee must
46	46	include a hyperlink described by Section 5.07(g)(4) for each entry
47	47	on the form, other than an entry making a mathematical calculation.
48	48	SECTION 4. This Act applies to the calculation of an ad
49	49	valorem tax rate for a tax year that begins on or after the
50	50	effective date of this Act.
51	51	SECTION 5. This Act takes effect January 1, 2024.
52	52	______________________________ ______________________________
53	53	President of the Senate Speaker of the House
54	54	I hereby certify that S.B. No. 1998 passed the Senate on
55	55	April 20, 2023, by the following vote: Yeas 30, Nays 1.
56	56	______________________________
57	57	Secretary of the Senate
58	58	I hereby certify that S.B. No. 1998 passed the House on
59	59	May 24, 2023, by the following vote: Yeas 122, Nays 16, one
60	60	present not voting.
61	61	______________________________
62	62	Chief Clerk of the House
63	63	Approved:
64	64	______________________________
65	65	Date
66	66	______________________________
67	67	Governor