By: Bettencourt S.B. No. 1023
(In the Senate - Filed January 30, 2025; February 24, 2025,
read first time and referred to Committee on Local Government;
March 17, 2025, reported favorably by the following vote: Yeas 6,
Nays 0; March 17, 2025, sent to printer.)
Click here to see the committee vote
A BILL TO BE ENTITLED
AN ACT
relating to the calculation of certain ad valorem tax rates.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 5.07(g), Tax Code, is amended to read as
follows:
(g) The forms described by Subsection (f) must be in an
electronic format and:
(1) have blanks that can be filled in electronically;
(2) be capable of being certified by the designated
officer or employee after completion as accurately calculating the
applicable tax rates and using values that are the same as the
values shown in, as applicable:
(A) the taxing unit's certified appraisal roll;
or
(B) the certified estimate of taxable value of
property in the taxing unit prepared under Section 26.01(a-1);
[and]
(3) be capable of being electronically incorporated
into the property tax database maintained by each appraisal
district under Section 26.17 and submitted electronically to the
county assessor-collector of each county in which all or part of the
territory of the taxing unit is located; and
(4) be capable of including for each entry, other than
an entry making a mathematical calculation, a hyperlink to a
document that evidences the accuracy of the entry.
SECTION 2. Section 26.03, Tax Code, is amended by adding
Subsection (e) to read as follows:
(e) For a taxing unit in which a tax rate calculation for a
tax year is affected by the application of this section, the
adjustments to the value of property taxable by the unit and to the
amount of taxes imposed or collected by the unit prescribed by this
section shall be calculated separately for each reinvestment zone
in which the taxing unit participates. The comptroller shall
ensure that the tax rate calculation forms prescribed under Section
5.07 provide for the calculations to be made in the manner required
by this subsection.
SECTION 3. Section 26.04(d-1), Tax Code, is amended to read
as follows:
(d-1) The designated officer or employee shall use the tax
rate calculation forms prescribed by the comptroller under Section
5.07 in calculating the no-new-revenue tax rate and the
voter-approval tax rate. The designated officer or employee must
include a hyperlink described by Section 5.07(g)(4) for each entry
on the form, other than an entry making a mathematical calculation.
SECTION 4. This Act applies to the calculation of an ad
valorem tax rate only for a tax year that begins on or after the
effective date of this Act.
SECTION 5. This Act takes effect January 1, 2026.
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