Bill Text: TX HB4764 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Relating to the authority of the Midlothian Municipal Management District No. 3 to impose an ad valorem tax.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2019-05-24 - Recommendations filed with the Speaker [HB4764 Detail]
Download: Texas-2019-HB4764-Introduced.html
| 86R31504 SMH-F | ||
| By: Wray | H.B. No. 4764 | |
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| relating to the authority of the Midlothian Municipal Management | ||
| District No. 3 to impose an ad valorem tax. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 3952.305, Special District Local Laws | ||
| Code, is amended to read as follows: | ||
| Sec. 3952.305. TAX RATE. (a) The district's ad valorem tax | ||
| rate may not exceed 40 cents per $100 valuation. | ||
| (b) Notwithstanding Subsection (a), the district's ad | ||
| valorem tax rate may exceed the limit specified by that subsection | ||
| to the extent necessary to permit the district to comply with | ||
| Section 3952.303. This subsection does not authorize the district | ||
| to issue bonds or other obligations if, based on the assessed value | ||
| of property in the district as shown in the most recent certificate | ||
| of assessed valuation or certificate of estimated assessed | ||
| valuation issued by the Ellis Appraisal District available at the | ||
| time of issuance, the issuance of the bonds or other obligations | ||
| would require the district to adopt a tax rate that exceeds the | ||
| limit specified by Subsection (a). | ||
| SECTION 2. (a) The legal notice of the intention to | ||
| introduce this Act, setting forth the general substance of this | ||
| Act, has been published as provided by law, and the notice and a | ||
| copy of this Act have been furnished to all persons, agencies, | ||
| officials, or entities to which they are required to be furnished | ||
| under Section 59, Article XVI, Texas Constitution, and Chapter 313, | ||
| Government Code. | ||
| (b) The governor, one of the required recipients, has | ||
| submitted the notice and Act to the Texas Commission on | ||
| Environmental Quality. | ||
| (c) The Texas Commission on Environmental Quality has filed | ||
| its recommendations relating to this Act with the governor, | ||
| lieutenant governor, and speaker of the house of representatives | ||
| within the required time. | ||
| (d) All requirements of the constitution and laws of this | ||
| state and the rules and procedures of the legislature with respect | ||
| to the notice, introduction, and passage of this Act have been | ||
| fulfilled and accomplished. | ||
| 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 September 1, 2019. | ||
