H.B. No. 2293
 
 
 
 
AN ACT
  relating to the certification by the comptroller to the
  commissioner of education of the taxable value of property in each
  school district.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 403.302(j), Government Code, is amended
  to read as follows:
         (j)  The [For purposes of Chapter 42, Education Code, the]
  comptroller shall certify the final taxable value for each school
  district, appropriately adjusted to give effect to certain
  provisions of the Education Code related to school funding, to the
  commissioner of education as provided by the terms of a memorandum
  of understanding entered into between the comptroller, the
  Legislative Budget Board, and the commissioner of education[:
               [(1)     a final value for each school district computed
  on a residence homestead exemption under Section 1-b(c), Article
  VIII, Texas Constitution, of $5,000;
               [(2)     a final value for each school district computed
  on:
                     [(A)     a residence homestead exemption under
  Section 1-b(c), Article VIII, Texas Constitution, of $15,000; and
                     [(B)     the effect of the additional limitation on
  tax increases under Section 1-b(d), Article VIII, Texas
  Constitution, as proposed by H.J.R. No.   4, 75th Legislature,
  Regular Session, 1997; and
               [(3)     a final value for each school district computed
  on the effect of the reduction of the limitation on tax increases to
  reflect any reduction in the school district tax rate as provided by
  Section 11.26(a-1), (a-2), or (a-3), Tax Code, as applicable].
         SECTION 2.  Section 403.302(k), Government Code, is
  repealed.
         SECTION 3.  The change in law made by this Act applies only
  to a certification made by the comptroller of public accounts of the
  adjusted taxable value for a school district to the commissioner of
  education on or after the effective date of this Act.
         SECTION 4.  This Act takes effect January 1, 2016.
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
 
         I certify that H.B. No. 2293 was passed by the House on May 5,
  2015, by the following vote:  Yeas 143, Nays 0, 2 present, not
  voting.
 
  ______________________________
  Chief Clerk of the House   
 
 
         I certify that H.B. No. 2293 was passed by the Senate on May
  20, 2015, by the following vote:  Yeas 31, Nays 0.
 
  ______________________________
  Secretary of the Senate    
  APPROVED:  _____________________
                     Date          
   
            _____________________
                   Governor