HB195 - Relating to the dissemination of certain school district ad valorem tax-related information.

  89R16905 PRL-D     By: Plesa, Garcia Hernandez, Leach, H.B. No. 195       Capriglione, Troxclair, et al.       A BILL TO BE ENTITLED   AN ACT   relating to the dissemination of certain school district ad valorem   tax-related information.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 26.17, Tax Code, is amended by adding   Subsection (b-1) to read as follows:           (b-1)     This subsection applies only to property that is   located in one or more school districts that have a local revenue   level in excess of entitlement as specified by Section 48.257,   Education Code, and that, for the school year beginning in the   current tax year, have taken measures to reduce the district's   local revenue level in accordance with Section 49.002, Education   Code. In addition to the information required by Subsection (b) of   this section, the database must include, with respect to each   property to which this subsection applies that is listed on the   appraisal roll for the appraisal district, the following   information, if applicable, for each school district in which the   property is located:                 (1)     the estimated percentage of the taxes for   maintenance and operations imposed by the district for the current   tax year that the district is required to pay under the agreement   for the school year beginning in the current tax year to purchase   average daily attendance credits;                 (2)     the estimated percentage of the taxes for   maintenance and operations imposed by the district for the current   tax year that the 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; and                 (3)  the following statement:           "For the current tax year, (name of school district) is   estimated to pay (percentage described by Subdivision (1) for   applicable school district) of local property tax collections to   the state as recaptured local taxes and (percentage described by   Subdivision (2) for applicable school district) is estimated to   remain in (name of school district) for the maintenance and   operations of the district.".          SECTION 2.  This Act takes effect January 1, 2026.