By: Bettencourt, et al. S.B. No. 4
A BILL TO BE ENTITLED
AN ACT
relating to the maximum compressed tax rate of a school district.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 48.2552(b), Education Code, is amended
to read as follows:
(b) If a school district's maximum compressed rate as
calculated under Section 48.2551(b) would be less than 80 [90]
percent of another school district's maximum compressed rate, the
district's maximum compressed rate is the value at which the
district's maximum compressed rate would be equal to 80 [90]
percent of the other district's maximum compressed rate.
SECTION 2. Subchapter F, Chapter 48, Education Code, is
amended by adding Sections 48.2555 and 48.283 to read as follows:
Sec. 48.2555. MAXIMUM COMPRESSED TAX RATE FOR 2023-2024
SCHOOL YEAR. (a) Notwithstanding any other provision of this title
or Chapter 26, Tax Code, for the 2023-2024 school year, the
commissioner shall calculate the value of a school district's
maximum compressed tax rate by determining the district's maximum
compressed rate under Section 48.2551 or 48.2552(b), if applicable,
and reducing the tax rate determined under the applicable section
by the amount by which the commissioner may reduce each district's
maximum compressed tax rate by an equal amount using money
appropriated for the purpose of reducing each district's maximum
compressed tax rate under this section.
(b) If a school district's maximum compressed tax rate as
calculated under Subsection (a) would be less than 80 percent of
another school district's maximum compressed tax rate under
Subsection (a), the district's maximum compressed tax rate is the
value at which the district's maximum compressed tax rate would be
equal to 80 percent of the other district's maximum compressed tax
rate.
(c) Notwithstanding any other provision of this title or
Chapter 26, Tax Code, for purposes of determining funding for
school districts for the 2023-2024 school year, a reference in any
of the following provisions of law to a school district's maximum
compressed tax rate or maximum compressed rate as determined under
Section 48.2551 means the maximum compressed tax rate determined
for the district under this section:
(1) Section 13.054(f);
(2) Section 45.003(d);
(3) Section 45.0032(a);
(4) Section 48.051(a);
(5) Sections 48.2553(a) and (e); and
(6) Section 26.08(n), Tax Code.
(d) For purposes of Section 30.003(f-1), a reference in that
section to Section 48.2551 includes this section.
(e) Notwithstanding any other provision of this title, for
purposes of determining a school district's maximum compressed tax
rate under Section 48.2551 for the 2024-2025 school year, the value
of the district's "PYMCR" is the maximum compressed tax rate
determined for the district under this section for the preceding
school year.
(f) This section expires September 1, 2025.
Sec. 48.283. ADDITIONAL STATE AID FOR CERTAIN DISTRICTS
IMPACTED BY COMPRESSION. A school district that received an
adjustment under Section 48.257(b) for the 2022-2023 school year is
entitled to additional state aid for each school year in an amount
equal to the amount of that adjustment for the 2022-2023 school year
less the difference, if the difference is greater than zero,
between:
(1) the amount to which the district is entitled under
this chapter for the current school year; and
(2) the amount to which the district would be entitled
under this chapter for the current school year if the district's
maximum compressed tax rate had not been reduced under Section
48.2555, as added by S.B. 4, Acts of the 88th Legislature, Regular
Session, 2023.
SECTION 3. This Act takes effect September 1, 2023.