Texas 2025 - 89th Regular

Texas House Bill HB1553 Compare Versions

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

Old	New	Differences
1	1	By: Toth H.B. No. 1553
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6	6	A BILL TO BE ENTITLED
7	7	AN ACT
8	8	relating to reducing school district maintenance and operations ad
9	9	valorem taxes through the use of certain surplus state revenue.
10	10	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
11	11	SECTION 1. Section 48.255, Education Code, is amended by
12	12	amending Subsection (b) and adding Subsections (d) and (e) to read
13	13	as follows:
14	14	(b) Subject to Subsection (d), the [The] state compression
15	15	percentage is the lower of:
16	16	(1) 93 percent, or a lower percentage set by
17	17	appropriation for a school year;
18	18	(2) the percentage determined by the following
19	19	formula:
20	20	SCP = PYCP X 1.025/(1 + ECPV); or
21	21	(3) the percentage determined under this section for
22	22	the preceding school year.
23	23	(d) For each school year, the commissioner shall reduce the
24	24	state compression percentage determined under Subsection (b) to the
25	25	lowest percentage possible as a result of:
26	26	(1) money deposited to the credit of the property tax
27	27	relief fund under Section 403.109(e), Government Code; and
28	28	(2) any additional money appropriated for purposes of
29	29	this subsection.
30	30	(e) Notwithstanding any other provision, if for any school
31	31	year the commissioner determines under Subsection (b) or (d) that
32	32	the state compression percentage is zero:
33	33	(1) a school district may not impose a tier one
34	34	maintenance and operations tax for that school year or for any
35	35	subsequent school year; and
36	36	(2) each school district is entitled to funding under
37	37	Chapter 46 and this chapter for each school year as if the district
38	38	had:
39	39	(A) a tier one maintenance and operations tax
40	40	rate equal to the district's maximum compressed tax rate determined
41	41	under Section 48.2551; and
42	42	(B) no local share for purposes of Section
43	43	48.256.
44	44	SECTION 2. Section 403.109, Government Code, is amended by
45	45	adding Subsections (e) and (f) to read as follows:
46	46	(e) For each state fiscal biennium beginning before a
47	47	determination by the commissioner of education under Section
48	48	48.255(e), Education Code, the comptroller shall:
49	49	(1) allocate for deposit to the credit of the fund
50	50	general revenue in an amount equal to 90 percent of the amount by
51	51	which the amount of general revenue received in that biennium
52	52	exceeds the amount of consolidated general revenue appropriations,
53	53	as defined by Section 316.001, that could be appropriated within
54	54	the limit on the rate of growth of those appropriations adopted
55	55	under Section 316.005 for that biennium; and
56	56	(2) periodically deposit to the credit of the fund the
57	57	general revenue allocated under Subdivision (1), with the final
58	58	deposit for that biennium to be made not later than the 90th day of
59	59	the next state fiscal biennium.
60	60	(f) Notwithstanding any other provision of this section,
61	61	except as otherwise provided by this subsection, money deposited to
62	62	the credit of the fund under Subsection (e) may be appropriated only
63	63	to the Texas Education Agency for use in providing property tax
64	64	relief through reduction of the state compression percentage, as
65	65	defined by Section 48.255, Education Code. If the amount of money
66	66	available to be appropriated under this subsection for a state
67	67	fiscal biennium exceeds the amount of school district maintenance
68	68	and operations taxes the commissioner of education estimates to be
69	69	payable for that biennium, the legislature may appropriate the
70	70	surplus amount for any purpose.
71	71	SECTION 3. This Act applies beginning with the state fiscal
72	72	biennium beginning September 1, 2027.
73	73	SECTION 4. This Act takes effect on the 91st day after the
74	74	last day of the legislative session.