Bill > HB195

This bill amends the Texas Tax Code to require additional tax information disclosure for certain school districts that have a local revenue level exceeding their state-defined entitlement and have taken measures to reduce their local revenue level. Specifically, the bill mandates that the tax database include detailed information about how much of a school district's maintenance and operations taxes will be paid to the state as "recaptured local taxes" and how much will remain with the district. For each applicable property, the database must now display: (1) the estimated percentage of maintenance and operations taxes that the school district must pay to the state to purchase average daily attendance credits, (2) the estimated percentage of taxes that will remain with the district, and (3) a standardized statement explaining the tax allocation percentages. This increased transparency will help taxpayers understand how their local school district taxes are being distributed between local district operations and state redistribution. The bill is set to take effect on January 1, 2026, giving local tax authorities time to prepare for the new reporting requirements.

Budget and Finance, Government Affairs

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB195