Bill Text: TX HB3074 | 2017-2018 | 85th Legislature | Introduced
Bill Title: Relating to compensation to be paid to an emergency services district for a municipality's annexation of the district's territory.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2017-05-04 - Committee report sent to Calendars [HB3074 Detail]
Download: Texas-2017-HB3074-Introduced.html
| 85R10898 JCG-F | ||
| By: Rodriguez of Travis | H.B. No. 3074 | |
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| relating to compensation to be paid to an emergency services | ||
| district for a municipality's annexation of the district's | ||
| territory. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 775.022(e), Health and Safety Code, is | ||
| amended to read as follows: | ||
| (e) The amount of compensation under Subsection (c) shall be | ||
| determined by multiplying the district's total indebtedness at the | ||
| time of the annexation by a fraction: | ||
| (1) the numerator of which is the assessed value of the | ||
| property to be annexed based on the most recent certified county | ||
| property tax rolls at the time of annexation plus the total amount | ||
| of the district's sales and use tax revenue collected by retailers | ||
| located in the property to be annexed in the 12 months preceding the | ||
| date of annexation, as reported by the comptroller; and | ||
| (2) the denominator of which is the total assessed | ||
| value of the property of the district based on the most recent | ||
| certified county property tax rolls at the time of annexation plus | ||
| the total amount of the district's sales and use tax revenue | ||
| collected by retailers located in the district in the 12 months | ||
| preceding the date of annexation, as reported by the comptroller. | ||
| SECTION 2. This Act takes effect September 1, 2017. | ||
