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1 | 1 | 89R14864 AMF-D | |
2 | 2 | By: Bettencourt S.B. No. 2537 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | ||
6 | 6 | ||
7 | 7 | A BILL TO BE ENTITLED | |
8 | 8 | AN ACT | |
9 | 9 | relating to the limitation on the maximum compressed tax rate of a | |
10 | 10 | school district. | |
11 | 11 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
12 | 12 | SECTION 1. Section 48.2552(b), Education Code, is amended | |
13 | 13 | to read as follows: | |
14 | 14 | (b) If a school district's maximum compressed rate as | |
15 | 15 | calculated under Section 48.2551(b) would be less than 85 [90] | |
16 | 16 | percent of another school district's maximum compressed rate, the | |
17 | 17 | district's maximum compressed rate is the value at which the | |
18 | 18 | district's maximum compressed rate would be equal to 85 [90] | |
19 | 19 | percent of the other district's maximum compressed rate. | |
20 | 20 | SECTION 2. This Act takes effect September 1, 2025. |