Bill Text: TX HB4825 | 2023-2024 | 88th Legislature | Introduced

Texas House Bill 4825

Introduced

Bill Title: Relating to the calculation of the enrichment tax rate for certain school districts.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2023-03-23 - Referred to Public Education [HB4825 Detail]

Download: Texas-2023-HB4825-Introduced.html

	88R9078 MEW-F

	By: Metcalf	H.B. No. 4825



	A BILL TO BE ENTITLED
	AN ACT
	relating to the calculation of the enrichment tax rate for certain
	school districts.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. Section 45.0032, Education Code, is amended by
	adding Subsection (e) to read as follows:
	(e) This subsection applies only to a district that adopted
	for the preceding tax year a maintenance tax rate that is less than
	the sum of the district's maximum compressed tax rate, as
	determined under Section 48.2551, and six cents. For purposes of
	Section 26.08(n)(2)(A), Tax Code, the enrichment tax rate for the
	preceding tax year of a district to which this subsection applies is
	the sum of the district's enrichment tax rate under Subsection (b)
	and one cent.
	SECTION 2. This Act applies to a school district beginning
	with the 2023 tax year.
	SECTION 3. This Act takes effect September 1, 2023.