Bill > HB17

This bill enhances transparency in property tax notices for school districts and other taxing units by requiring more detailed information about tax collections, population changes, and inflation. Specifically, the bill mandates that tax notices now include a statement that compares the proposed tax year's estimated property tax revenue with the previous year's estimated levy, accounting for population growth and inflation. For school districts, this includes a similar calculation using enrollment changes instead of population growth. The notice must clearly show how much tax revenue would be collected if the taxing unit adjusted its collections only to account for population (or enrollment) changes and inflation. Additionally, the bill requires these detailed statements to be included in property tax databases, making it easier for property owners to access and understand potential tax changes. The provisions will apply to ad valorem tax years beginning on or after January 1, 2026, and aim to provide taxpayers with a clearer picture of how their local taxing units' property tax revenues are changing from year to year.

Budget and Finance, Government Affairs

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=892&Bill=HB17