Bill: SB 1360, 85(R) - 2017

Committee

Senate Finance

Vote Recommendation

Vote Recommendation Economic Freedom Property Rights Personal Responsibility Limited Government Individual Liberty
Yes Neutral Neutral Neutral Positive Neutral

Author(s)

Kirk Watson

Bill Caption

Relating to the information required to be included in or with a school district ad valorem tax bill.

Fiscal Notes

No fiscal implication to the State is anticipated.

Bill Analysis

SB 1360 would require a tax bill or a separate statement for property that is located in a school district that has entered into a recapture agreement with the commissioner of education to purchase average daily attendance credits to include specific language relating to:

1) the school district property tax due; and

2) the dollar amount of property tax that will go to fund maintenance and operations, bonded indebtedness, and to the state.

In a school district that is entitled to state aid regarding the foundation school program, the tax bill or separate statement would be required to include specific language relating to:

1)  the total amount of revenue the school district will receive from the property;

2)  the amount of that revenue that will fund maintenance and operations; and

3)  the amount of that revenue that will fund bonded indebtedness.

The tax assessor for each respective school district would be required to compute these amounts for the current tax year.

Vote Recommendation Notes

Providing taxpayers with more information about property taxes and how that money is being used promotes transparency and accountability. For these reasons, we support SB 1360.

Source URL (retrieved on 04/25/2024 08:04 PM): http://reports.texasaction.com/bill/85r/sb1360?print_view=true