Bill > HB107

This bill modifies the voting requirements for approving property tax rates that exceed a taxing unit's voter-approval tax rate. Currently, a majority (more than 50%) of voters could reject a proposed tax rate increase, but the bill changes this threshold to require at least two-thirds (66.7%) of voters to reject the tax rate for it to be invalidated. The bill amends several sections of the Texas Health and Safety Code and Tax Code to implement this change, affecting how local government entities must notify voters about potential tax rate increases and conduct elections related to those increases. The proposed changes would require more voter opposition to prevent a tax rate increase, effectively making it easier for local governments to raise property taxes. The bill applies only to elections held on or after its effective date, which will be immediately if it receives a two-thirds vote in the Texas Legislature, or 91 days after the legislative session if it does not receive that level of support. Key terms in the bill include "ad valorem tax" (property tax), "voter-approval tax rate" (the maximum tax rate a unit can set without requiring an election), and "no-new-revenue tax rate" (the tax rate that would generate the same revenue as the previous year).

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=891&Bill=HB107