BillTrack50 logo
Free Signup Login
Bill

Bill > SB2

TX SB2

TX SB2
Relating to providing property tax relief through the public school finance system, exemptions, limitations on appraisals and taxes, and property tax administration; authorizing the imposition of a fee.

summary

Introduced
07/10/2023
In Committee
07/12/2023
Crossed Over
07/12/2023
Passed
07/13/2023
Dead
Signed/Enacted/Adopted
07/22/2023

Introduced Session

88th Legislature 2nd Special Session

Bill Summary

Relating to providing property tax relief through the public school finance system, exemptions, limitations on appraisals and taxes, and property tax administration; authorizing the imposition of a fee.

AI Summary

This bill aims to provide property tax relief through the public school finance system, exemptions, limitations on appraisals and taxes, and property tax administration. It authorizes the imposition of a fee. Key provisions include: - Reducing school district maximum compressed tax rates for the 2023-2024 school year and providing additional state aid to certain districts impacted by the compression. - Increasing the school district residence homestead exemption from $40,000 to $100,000 and prohibiting school districts, municipalities, and counties from reducing or repealing exemptions adopted in 2022. - Modifying the limitation on tax increases for residence homesteads of the elderly or disabled. - Establishing a "circuit breaker" limitation on appraised value increases for real property other than residence homesteads. - Changing the composition and election of appraisal district boards of directors in more populous counties. - Providing transitional provisions for the 2023 tax year to account for the changes made by the bill. The bill's effectiveness is contingent on the passage of franchise tax reform legislation and the approval of a proposed constitutional amendment.

Committee Categories

Budget and Finance

Sponsors (101)

Paul Bettencourt (R)*,  Dustin Burrows (R)*,  Will Metcalf (R)*,  Morgan Meyer (R)*,  Richard Raymond (D)*,  Shawn Thierry (R)*,  Steve Allison (R),  Carol Alvarado (D),  Doc Anderson (R),  Trent Ashby (R),  Cecil Bell (R),  Keith Bell (R),  Brian Birdwell (R),  César Blanco (D),  Ben Bumgarner (R),  DeWayne Burns (R),  Angie Button (R),  Briscoe Cain (R),  Donna Campbell (R),  Giovanni Capriglione (R),  Travis Clardy (R),  David Cook (R),  Brandon Creighton (R),  Charles Cunningham (R),  Drew Darby (R),  Jay Dean (R),  Mano DeAyala (R),  Mark Dorazio (R),  Sarah Eckhardt (D),  Pete Flores (R),  Frederick Frazier (R),  Stan Gerdes (R),  Charlie Geren (R),  Craig Goldman (R),  Ryan Guillen (R),  Roland Gutierrez (D),  Bob Hall (R),  Kelly Hancock (R),  Sam Harless (R),  Cody Harris (R),  Caroline Harris Davila (R),  Richard Hayes (R),  Abel Herrero (D),  Juan Hinojosa (D),  Justin Holland (R),  Joan Huffman (R),  Bryan Hughes (R),  Lacey Hull (R),  Carrie Isaac (R),  Phil King (R),  Tracy King (D),  Stan Kitzman (R),  Lois Kolkhorst (R),  John Kuempel (R),  Morgan LaMantia (D),  Stan Lambert (R),  Brooks Landgraf (R),  Terri Leo-Wilson (R),  Oscar Longoria (D),  Janie Lopez (R),  J.M. Lozano (R),  John Lujan (R),  José Menéndez (D),  Mayes Middleton (R),  Borris Miles (D),  Eddie Morales (D),  Geanie Morrison (R),  Robert Nichols (R),  Candy Noble (R),  Tom Oliverson (R),  Angelia Orr (R),  Tan Parker (R),  Jared Patterson (R),  Dennis Paul (R),  Angela Paxton (R),  Charles Perry (R),  Four Price (R),  John Raney (R),  Ron Reynolds (D),  Glenn Rogers (R),  Nate Schatzline (R),  Charles Schwertner (R),  Matt Shaheen (R),  Hugh Shine (R),  Shelby Slawson (R),  Reggie Smith (R),  Kevin Sparks (R),  David Spiller (R),  Drew Springer (R),  Lynn Stucky (R),  Carl Tepper (R),  Kronda Thimesch (R),  Ed Thompson (R),  Steve Toth (R),  Ellen Troxclair (R),  Gary VanDeaver (R),  Cody Vasut (R),  Royce West (D),  John Whitmire (D),  Terry Wilson (R),  Judith Zaffirini (D), 

Last Action

See remarks for effective date (on 07/22/2023)

Bill Topics

Education
  • ‐ Elementary and Secondary Education
Government Operations
  • ‐ Tax Administration and Collection of Revenue
Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform
(2 Companion Bills)

bill text

bill summary

Loading...

bill summary

Loading...

bill summary

Document Type Source Location Created
State Bill Page https://capitol.texas.gov/BillLookup/History.aspx?LegSess=882&Bill=SB2 07/10/2023
Analysis (Enrolled) https://capitol.texas.gov/tlodocs/882/analysis/html/SB00002F.htm 07/20/2023
House Amendment (H 2) 18-Neave Criado https://capitol.texas.gov/tlodocs/882/amendments/html/SB00002H218.HTM 07/14/2023
House Amendment to Amendment (H 2) 17-Tinderholt https://capitol.texas.gov/tlodocs/882/amendments/html/SB00002H217.HTM 07/14/2023
House Amendment (H 2) 16-Martinez Fischer https://capitol.texas.gov/tlodocs/882/amendments/html/SB00002H216.HTM 07/14/2023
House Amendment (H 2) 15-Wu https://capitol.texas.gov/tlodocs/882/amendments/html/SB00002H215.HTM 07/14/2023
House Amendment (H 2) 14-Tinderholt https://capitol.texas.gov/tlodocs/882/amendments/html/SB00002H214.HTM 07/14/2023
House Amendment (H 2) 13-Schatzline https://capitol.texas.gov/tlodocs/882/amendments/html/SB00002H213.HTM 07/14/2023
House Amendment (H 2) 12-Plesa https://capitol.texas.gov/tlodocs/882/amendments/html/SB00002H212.HTM 07/14/2023
House Amendment (H 2) 11-Martinez Fischer https://capitol.texas.gov/tlodocs/882/amendments/html/SB00002H211.HTM 07/14/2023
House Amendment (H 2) 10-Morales, Eddie https://capitol.texas.gov/tlodocs/882/amendments/html/SB00002H210.HTM 07/14/2023
House Amendment (H 2) 9-Morales, Eddie https://capitol.texas.gov/tlodocs/882/amendments/html/SB00002H29.HTM 07/14/2023
House Amendment (H 2) 8-Harrison https://capitol.texas.gov/tlodocs/882/amendments/html/SB00002H28.HTM 07/14/2023
House Amendment (H 2) 7-Zwiener https://capitol.texas.gov/tlodocs/882/amendments/html/SB00002H27.HTM 07/14/2023
House Amendment (H 2) 6-Bryant https://capitol.texas.gov/tlodocs/882/amendments/html/SB00002H26.HTM 07/14/2023
House Amendment (H 2) 5-Martinez Fischer https://capitol.texas.gov/tlodocs/882/amendments/html/SB00002H25.HTM 07/14/2023
House Amendment (H 2) 4-Bryant https://capitol.texas.gov/tlodocs/882/amendments/html/SB00002H24.HTM 07/14/2023
House Amendment (H 2) 3-Bryant https://capitol.texas.gov/tlodocs/882/amendments/html/SB00002H23.HTM 07/14/2023
House Amendment (H 2) 2-Bryant https://capitol.texas.gov/tlodocs/882/amendments/html/SB00002H22.HTM 07/14/2023
House Amendment (H 2) 1-Bryant https://capitol.texas.gov/tlodocs/882/amendments/html/SB00002H21.HTM 07/14/2023
BillText https://capitol.texas.gov/tlodocs/882/billtext/html/SB00002F.htm 07/13/2023
BillText https://capitol.texas.gov/tlodocs/882/billtext/html/SB00002E.htm 07/12/2023
BillText https://capitol.texas.gov/tlodocs/882/billtext/html/SB00002H.htm 07/12/2023
Senate Amendment (S 2) F3-Bettencourt https://capitol.texas.gov/tlodocs/882/amendments/html/SB00002S2F3.HTM 07/12/2023
Senate Amendment (S 2) F2-Bettencourt https://capitol.texas.gov/tlodocs/882/amendments/html/SB00002S2F2.HTM 07/12/2023
Senate Amendment (S 2) F1-Bettencourt https://capitol.texas.gov/tlodocs/882/amendments/html/SB00002S2F1.HTM 07/12/2023
Analysis (House Committee Report) https://capitol.texas.gov/tlodocs/882/analysis/html/SB00002H.htm 07/12/2023
Fiscal Note (Engrossed) https://capitol.texas.gov/tlodocs/882/fiscalnotes/html/SB00002E.htm 07/12/2023
Analysis (Introduced) https://capitol.texas.gov/tlodocs/882/analysis/html/SB00002I.htm 07/12/2023
Fiscal Note (Introduced) https://capitol.texas.gov/tlodocs/882/fiscalnotes/html/SB00002I.htm 07/11/2023
BillText https://capitol.texas.gov/tlodocs/882/billtext/html/SB00002I.htm 07/10/2023
Loading...