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Bill > SB12
TX SB12
TX SB12Relating to the reduction of the amount of a limitation on the total amount of ad valorem taxes that may be imposed by a school district on the residence homestead of an individual who is elderly or disabled to reflect any reduction from the preceding tax year in the district's maximum compressed rate.
summary
Introduced
07/08/2021
07/08/2021
In Committee
07/12/2021
07/12/2021
Crossed Over
07/14/2021
07/14/2021
Passed
Dead
08/07/2021
08/07/2021
Introduced Session
87th Legislature 1st Special
Bill Summary
Relating to the reduction of the amount of a limitation on the total amount of ad valorem taxes that may be imposed by a school district on the residence homestead of an individual who is elderly or disabled to reflect any reduction from the preceding tax year in the district's maximum compressed rate.
AI Summary
This bill amends the Tax Code and Education Code to provide a reduction in the amount of the limitation on ad valorem (property) taxes that a school district may impose on the residence homestead of an individual who is elderly or disabled. The reduction is based on any decrease in the school district's "maximum compressed rate," which is the maximum tax rate a district can impose for maintenance and operations. The bill also requires the Texas Education Agency to post information related to the reduction of the tax limitation on its website to assist local appraisal districts and school districts in calculating the appropriate tax amounts. Finally, the bill provides that these changes only apply to tax years beginning on or after January 1, 2022, and are contingent on voter approval of a related constitutional amendment.
Committee Categories
Government Affairs
Sponsors (18)
Paul Bettencourt (R)*,
Lois Kolkhorst (R)*,
Brian Birdwell (R),
Dawn Buckingham (R),
Donna Campbell (R),
Brandon Creighton (R),
Bob Hall (R),
Kelly Hancock (R),
Chuy Hinojosa (D),
Joan Huffman (R),
Bryan Hughes (R),
Eddie Lucio (D),
Jane Nelson (R),
Robert Nichols (R),
Angela Paxton (R),
Charles Perry (R),
Kel Seliger (R),
Larry Taylor (R),
Last Action
Co-author authorized (on 07/16/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://capitol.texas.gov/BillLookup/History.aspx?LegSess=871&Bill=SB12 |
| Senate Amendment (S 2) F2-Bettencourt | https://capitol.texas.gov/tlodocs/871/amendments/html/SB00012S2F2.HTM |
| Senate Amendment (S 2) F1-Bettencourt | https://capitol.texas.gov/tlodocs/871/amendments/html/SB00012S2F1.HTM |
| BillText | https://capitol.texas.gov/tlodocs/871/billtext/html/SB00012E.htm |
| Bill | https://capitol.texas.gov/tlodocs/871/billtext/pdf/SB00012E.pdf |
| BillText | https://capitol.texas.gov/tlodocs/871/billtext/html/SB00012S.htm |
| Bill | https://capitol.texas.gov/tlodocs/871/billtext/pdf/SB00012S.pdf |
| Fiscal Note (Introduced) | https://capitol.texas.gov/tlodocs/871/fiscalnotes/html/SB00012I.htm |
| Analysis (Introduced) | https://capitol.texas.gov/tlodocs/871/analysis/html/SB00012I.htm |
| BillText | https://capitol.texas.gov/tlodocs/871/billtext/html/SB00012I.htm |
| Bill | https://capitol.texas.gov/tlodocs/871/billtext/pdf/SB00012I.pdf |
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