Bill Text: TX HB821 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Relating to the information required to be included in or with a school district ad valorem tax bill.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2019-02-25 - Referred to Ways & Means [HB821 Detail]
Download: Texas-2019-HB821-Introduced.html
| 86R2797 SMH-D | ||
| By: Leach | H.B. No. 821 | |
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| relating to the information required to be included in or with a | ||
| school district ad valorem tax bill. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 31.01, Tax Code, is amended by adding | ||
| Subsections (d-2) and (d-3) to read as follows: | ||
| (d-2) This subsection applies only to a school district that | ||
| has a wealth per student that exceeds the amount specified by | ||
| Section 41.002(a)(1), Education Code, and that, for the school year | ||
| beginning in the current tax year, has entered into an agreement | ||
| with the commissioner of education to purchase average daily | ||
| attendance credits as provided by Subchapter D, Chapter 41, | ||
| Education Code, in an amount sufficient, in combination with any | ||
| other actions taken under that chapter, to reduce the school | ||
| district's wealth per student to a level that is equal to or less | ||
| than the equalized wealth level as determined by the commissioner | ||
| of education under that chapter. In addition to any other | ||
| information required by this section, the tax bill or the separate | ||
| statement shall separately state: | ||
| (1) the percentage of the taxes for maintenance and | ||
| operations imposed by the school district for the current tax year | ||
| that the school district is required to pay under the agreement for | ||
| the school year beginning in the current tax year to purchase | ||
| average daily attendance credits; and | ||
| (2) the percentage of the taxes for maintenance and | ||
| operations imposed by the school district for the current tax year | ||
| that the school district is not required to pay under the agreement | ||
| for the school year beginning in the current tax year to purchase | ||
| average daily attendance credits. | ||
| (d-3) This subsection applies only to a school district to | ||
| which Subsection (d-2) does not apply. In addition to any other | ||
| information required by this section, the tax bill or the separate | ||
| statement shall separately state: | ||
| (1) the percentage of the maintenance and operations | ||
| revenue of the school district for the school year beginning in the | ||
| current tax year that is derived from taxes for maintenance and | ||
| operations imposed by the school district for the current tax year; | ||
| (2) the percentage of the maintenance and operations | ||
| revenue of the school district for the school year beginning in the | ||
| preceding tax year that was derived from taxes for maintenance and | ||
| operations imposed by the school district for the preceding tax | ||
| year; | ||
| (3) the percentage of the maintenance and operations | ||
| revenue of the school district for the school year beginning in the | ||
| current tax year that is derived from state funds distributed to the | ||
| school district; and | ||
| (4) the percentage of the maintenance and operations | ||
| revenue of the school district for the school year beginning in the | ||
| preceding tax year that was derived from state funds distributed to | ||
| the school district. | ||
| SECTION 2. This Act takes effect January 1, 2020. | ||
