| 1 | 1 | | 89R1795 RDS-D |
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| 2 | 2 | | By: Troxclair H.B. No. 5447 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | |
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| 6 | 6 | | |
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| 7 | 7 | | A BILL TO BE ENTITLED |
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| 8 | 8 | | AN ACT |
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| 9 | 9 | | relating to the calculation of certain ad valorem tax rates. |
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| 10 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 11 | 11 | | SECTION 1. Section 5.07(g), Tax Code, is amended to read as |
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| 12 | 12 | | follows: |
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| 13 | 13 | | (g) The forms described by Subsection (f) must be in an |
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| 14 | 14 | | electronic format and: |
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| 15 | 15 | | (1) have blanks that can be filled in electronically; |
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| 16 | 16 | | (2) be capable of being certified by the designated |
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| 17 | 17 | | officer or employee after completion as accurately calculating the |
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| 18 | 18 | | applicable tax rates and using values that are the same as the |
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| 19 | 19 | | values shown in, as applicable: |
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| 20 | 20 | | (A) the taxing unit's certified appraisal roll; |
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| 21 | 21 | | or |
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| 22 | 22 | | (B) the certified estimate of taxable value of |
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| 23 | 23 | | property in the taxing unit prepared under Section 26.01(a-1); |
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| 24 | 24 | | [and] |
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| 25 | 25 | | (3) be capable of being electronically incorporated |
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| 26 | 26 | | into the property tax database maintained by each appraisal |
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| 27 | 27 | | district under Section 26.17 and submitted electronically to the |
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| 28 | 28 | | county assessor-collector of each county in which all or part of the |
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| 29 | 29 | | territory of the taxing unit is located; and |
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| 30 | 30 | | (4) be capable of including for each entry, other than |
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| 31 | 31 | | an entry making a mathematical calculation, a hyperlink to a |
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| 32 | 32 | | document that evidences the accuracy of the entry. |
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| 33 | 33 | | SECTION 2. Section 26.03, Tax Code, is amended by adding |
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| 34 | 34 | | Subsection (e) to read as follows: |
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| 35 | 35 | | (e) For a taxing unit in which a tax rate calculation for a |
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| 36 | 36 | | tax year is affected by the application of this section, the |
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| 37 | 37 | | adjustments to the value of property taxable by the unit and to the |
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| 38 | 38 | | amount of taxes imposed or collected by the unit prescribed by this |
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| 39 | 39 | | section shall be calculated separately for each reinvestment zone |
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| 40 | 40 | | in which the taxing unit participates. The comptroller shall |
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| 41 | 41 | | ensure that the tax rate calculation forms prescribed under Section |
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| 42 | 42 | | 5.07 provide for the calculations to be made in the manner required |
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| 43 | 43 | | by this subsection. |
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| 44 | 44 | | SECTION 3. Section 26.04(d-1), Tax Code, is amended to read |
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| 45 | 45 | | as follows: |
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| 46 | 46 | | (d-1) The designated officer or employee shall use the tax |
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| 47 | 47 | | rate calculation forms prescribed by the comptroller under Section |
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| 48 | 48 | | 5.07 in calculating the no-new-revenue tax rate and the |
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| 49 | 49 | | voter-approval tax rate. The designated officer or employee must |
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| 50 | 50 | | include a hyperlink described by Section 5.07(g)(4) for each entry |
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| 51 | 51 | | on the form, other than an entry making a mathematical calculation. |
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| 52 | 52 | | SECTION 4. This Act applies to the calculation of an ad |
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| 53 | 53 | | valorem tax rate only for a tax year that begins on or after the |
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| 54 | 54 | | effective date of this Act. |
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| 55 | 55 | | SECTION 5. This Act takes effect January 1, 2026. |
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