Bill Text: TX HB264 | 2025-2026 | 89th Legislature | Introduced

---

Bill Title: Relating to the dedication of certain surplus state revenue for ad valorem tax relief.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2024-11-12 - Filed [HB264 Detail]

Download: Texas-2025-HB264-Introduced.html

---

89R1047 KJE-D
By: Bell of Kaufman H.B. No. 264

A BILL TO BE ENTITLED
AN ACT
relating to the dedication of certain surplus state revenue for ad
valorem tax relief.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. The heading to Subchapter G, Chapter 403,
Government Code, is amended to read as follows:
SUBCHAPTER G. FUNDS AND REVENUE DEDICATIONS
SECTION 2. Subchapter G, Chapter 403, Government Code, is
amended by adding Section 403.108 to read as follows:
Sec. 403.108. DEDICATION OF CERTAIN SURPLUS STATE REVENUE
FOR AD VALOREM TAX RELIEF. (a) Not later than the 90th day after
the last day of each state fiscal biennium, the comptroller shall
deposit to the credit of an account in the general revenue fund
general revenue in an amount equal to one-half of the amount by
which the total available general revenue for that biennium at the
end of the biennium exceeds the amount of total available general
revenue stated in the comptroller's biennial revenue estimate for
that biennium.
(b) Money in the account described by Subsection (a) may be
appropriated by the legislature only to provide ad valorem tax
relief.
SECTION 3. This Act applies beginning with the state fiscal
biennium beginning September 1, 2027.
SECTION 4. This Act takes effect September 1, 2025.