HB5444 - Relating to the authority of the governing body of a school district to adopt an ad valorem tax rate that exceeds the district's voter-approval tax rate.

  89R10467 TJB-D     By: Troxclair H.B. No. 5444       A BILL TO BE ENTITLED   AN ACT   relating to the authority of the governing body of a school district   to adopt an ad valorem tax rate that exceeds the district's   voter-approval tax rate.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 26.042, Tax Code, is amended by adding   Subsection (e-1) to read as follows:           (e-1)     The governing body of a school district may not adopt   a tax rate under Subsection (e) for a tax year in which:                 (1)     the governing body previously adopted a tax rate   that exceeded the district's voter-approval tax rate;                 (2)     an election was held under Section 26.08 for the   purpose of determining whether to approve the district's adopted   tax rate; and                 (3)     the proposition to approve the district's adopted   tax rate was not approved by the voters of the district at the   election.          SECTION 2.  The change in law made by this Act applies to an   ad valorem tax year that begins on or after the effective date of   this Act.          SECTION 3.  This Act takes effect January 1, 2026.