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