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.
Spectrum: Partisan Bill (Democrat 1-0)
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. |