Bill Text: TX HB239 | 2021 | 87th Legislature 2nd Special Session | Introduced
Bill Title: Relating to a temporary reduction in the maximum compressed tax rate of a school district; making an appropriation.
Sponsorship: Partisan Bill (Republican 3)
Status: (Introduced - Dead) 2021-08-27 - Filed [HB239 Detail]
Download: Texas-2021-HB239-Introduced.html
| 87S20760 MEW-D | ||
| By: Frank | H.B. No. 239 | |
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| relating to a temporary reduction in the maximum compressed tax | ||
| rate of a school district; making an appropriation. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subchapter F, Chapter 48, Education Code, is | ||
| amended by adding Section 48.2555 to read as follows: | ||
| Sec. 48.2555. MAXIMUM COMPRESSED TAX RATE FOR 2022-2023 | ||
| SCHOOL YEAR. (a) Notwithstanding any other provision of this title | ||
| or Chapter 26, Tax Code, for the 2022-2023 school year, the | ||
| commissioner shall calculate the value of a school district's | ||
| maximum compressed tax rate by determining the district's maximum | ||
| compressed rate under Section 48.2551 or 48.2552(b), if applicable, | ||
| and reducing the tax rate determined under the applicable section | ||
| by the amount by which the commissioner may reduce each district's | ||
| maximum compressed tax rate by an equal amount using funds | ||
| appropriated for the purpose of reducing each district's maximum | ||
| compressed tax rate under this section. | ||
| (b) If a school district's maximum compressed tax rate as | ||
| calculated under Subsection (a) would be less than 90 percent of | ||
| another school district's maximum compressed tax rate under | ||
| Subsection (a), the district's maximum compressed tax rate is the | ||
| value at which the district's maximum compressed tax rate would be | ||
| equal to 90 percent of the other district's maximum compressed tax | ||
| rate. | ||
| (c) Notwithstanding any other provision of this title or | ||
| Chapter 26, Tax Code, for purposes of determining funding for | ||
| school districts for the 2022-2023 school year, a reference in any | ||
| of the following provisions of law to a school district's maximum | ||
| compressed tax rate or maximum compressed rate as determined under | ||
| Section 48.2551 means the maximum compressed tax rate determined | ||
| for the district under this section: | ||
| (1) Sections 13.054(f) and (f-1); | ||
| (2) Section 45.003(d); | ||
| (3) Section 45.0032(a); | ||
| (4) Section 48.051(a); | ||
| (5) Sections 48.2553(a) and (e); and | ||
| (6) Section 26.08(n), Tax Code. | ||
| (d) For purposes of Section 30.003(f-1), a reference in that | ||
| section to Section 48.2551 includes this section. | ||
| (e) Notwithstanding any other provision of this title, for | ||
| purposes of determining a school district's maximum compressed tax | ||
| rate under Section 48.2551 for the 2023-2024 school year, the | ||
| commissioner shall exclude the reduction in the district's maximum | ||
| compressed tax rate under this section for the preceding school | ||
| year from the value of the district's "PYMCR." | ||
| (f) This section expires September 1, 2024. | ||
| SECTION 2. In addition to other amounts appropriated to the | ||
| Texas Education Agency for the state fiscal year ending August 31, | ||
| 2023, $2.5 billion is appropriated from the general revenue fund to | ||
| the agency for the state fiscal year ending August 31, 2023, for use | ||
| in providing school district property tax relief by reducing each | ||
| school district's maximum compressed tax rate under Section | ||
| 48.2555, Education Code, as added by this Act. | ||
| SECTION 3. This Act takes effect immediately if it receives | ||
| a vote of two-thirds of all the members elected to each house, as | ||
| provided by Section 39, Article III, Texas Constitution. If this | ||
| Act does not receive the vote necessary for immediate effect, this | ||
| Act takes effect on the 91st day after the last day of the | ||
| legislative session. | ||
