Bill Text: TX HB1324 | 2017-2018 | 85th Legislature | Introduced


Bill Title: Relating to computation of state aid for a school district required to maintain an optional homestead exemption.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2017-02-27 - Referred to Public Education [HB1324 Detail]

Download: Texas-2017-HB1324-Introduced.html
  85R3386 KKA-F
 
  By: Thompson of Harris H.B. No. 1324
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to computation of state aid for a school district required
  to maintain an optional homestead exemption.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 42.2522, Education Code, is amended by
  adding Subsection (f) to read as follows:
         (f)  Subsection (a) does not apply to a school district that
  is prohibited by Section 11.13(n-1), Tax Code, from reducing the
  amount of or repealing an exemption adopted under Section 11.13(n),
  Tax Code, and the commissioner shall provide funding under this
  chapter based on the district's taxable value of property computed
  in accordance with Section 403.302(d)(2), Government Code. This
  subsection expires December 31, 2019.
         SECTION 2.  This Act takes effect September 1, 2017.
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