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Bill > HB11
TX HB11
TX HB11Relating 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 and to the protection of school districts against the resulting loss in local revenue.
summary
Introduced
08/06/2021
08/06/2021
In Committee
08/23/2021
08/23/2021
Crossed Over
Passed
Dead
09/06/2021
09/06/2021
Introduced Session
87th Legislature 2nd Special Session
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 and to the protection of school districts against the resulting loss in local revenue.
AI Summary
This bill:
1. Reduces the amount of the limitation on the total amount of ad valorem (property) taxes that may be imposed by a school district on the residence homestead of an individual who is elderly or disabled. The reduction reflects any decrease from the previous tax year in the school district's "maximum compressed rate" - a term referring to the maximum maintenance and operations tax rate a district can impose under state law.
2. Protects school districts against the resulting loss in local revenue by providing them with additional state aid to fully compensate for the amount of ad valorem tax revenue lost due to the reduction in the tax limitation.
3. Requires the Texas Education Agency to post information on its website to allow local appraisal districts and school districts to calculate the reduced tax limitation amounts.
4. Directs the state comptroller to separately identify in its final school district property value certification the adjustments made to account for the reduced tax limitation.
The bill only applies to ad valorem taxes imposed for tax years beginning on or after January 1, 2023, and is contingent on voter approval of a related constitutional amendment.
Committee Categories
Budget and Finance
Sponsors (66)
Dustin Burrows (R)*,
Morgan Meyer (R)*,
Steve Allison (R),
Doc Anderson (R),
Trent Ashby (R),
Ernest Bailes (R),
Cecil Bell (R),
Keith Bell (R),
Kyle Biedermann (R),
Greg Bonnen (R),
Brad Buckley (R),
DeWayne Burns (R),
Angie Button (R),
Giovanni Capriglione (R),
David Cook (R),
Jasmine Crockett (D),
Drew Darby (R),
Jay Dean (R),
Art Fierro (D),
Charlie Geren (R),
Craig Goldman (R),
Sam Harless (R),
Cody Harris (R),
Cole Hefner (R),
Justin Holland (R),
Dan Huberty (R),
Lacey Hull (R),
Todd Hunter (R),
Jacey Jetton (R),
Stephanie Klick (R),
John Kuempel (R),
Jeff Leach (R),
Ben Leman (R),
J.M. Lozano (R),
Will Metcalf (R),
Mayes Middleton (R),
Eddie Morales (D),
Geanie Morrison (R),
Jim Murphy (R),
Andy Murr (R),
Candy Noble (R),
Tom Oliverson (R),
Chris Paddie (R),
Tan Parker (R),
Jared Patterson (R),
Dennis Paul (R),
Four Price (R),
John Raney (R),
Glenn Rogers (R),
Scott Sanford (R),
Matt Shaheen (R),
Hugh Shine (R),
Bryan Slaton (R),
Shelby Slawson (R),
David Spiller (R),
Phil Stephenson (R),
Lynn Stucky (R),
Valoree Swanson (R),
Ed Thompson (R),
Tony Tinderholt (R),
Steve Toth (R),
Gary VanDeaver (R),
Cody Vasut (R),
Armando Walle (D),
James White (R),
Terry Wilson (R),
Last Action
Referred to Ways & Means (on 08/23/2021)
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=872&Bill=HB11 |
| BillText | https://capitol.texas.gov/tlodocs/872/billtext/html/HB00011I.htm |
| Bill | https://capitol.texas.gov/tlodocs/872/billtext/pdf/HB00011I.pdf |
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