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SB 1426 would define the adjusted effective tax rate and the adjusted rollback tax rate. The designated officer or employee of a taxing unit would be required to calculate the adjusted effective tax rate and adjusted rollback tax rate for the unit. Notices regarding this information would be updated accordingly. This bill would also require the calculation of an adjusted effective tax rate and adjusted rollback tax rate with new property included, but would not require their use in any calculation that would affect adopted tax rates.