| 1 | 1 | | 88R15436 MEW-F |
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| 2 | 2 | | By: Creighton S.B. No. 2387 |
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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 Subsections (e) and (f) 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 two cents. |
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| 20 | 20 | | (f) This subsection applies only to a district that adopted |
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| 21 | 21 | | a maintenance tax rate for the 2018 tax year for which the district |
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| 22 | 22 | | was never required to hold an election under Section 26.08, Tax |
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| 23 | 23 | | Code, to approve and that was equal to the sum of the district's |
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| 24 | 24 | | tier one maintenance and operations tax rate, as provided by |
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| 25 | 25 | | Section 45.0032(a), and six cents. For purposes of Section |
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| 26 | 26 | | 26.08(n)(2)(A), Tax Code, the enrichment tax rate for the preceding |
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| 27 | 27 | | tax year of a district to which this subsection applies is the sum |
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| 28 | 28 | | of the district's enrichment tax rate as determined under |
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| 29 | 29 | | Subsection (e) and one cent. |
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| 30 | 30 | | SECTION 2. This Act applies to a school district beginning |
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| 31 | 31 | | with the 2023 tax year. |
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| 32 | 32 | | SECTION 3. This Act takes effect September 1, 2023. |
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