Title: Reduces State Property Taxes
Vote to pass a bill that reduces state property taxes in Texas.
Amends and reduces certain state property taxes in Texas relating to the calculation of the voter-approval tax rate for certain taxing units from 1.035 to 1.025 (Sec. 1-3).
Specifies that the provisions of this bill shall only apply to ad valorem taxes imposed for an ad valorem tax year that begins on or after the effective date of this bill (Sec. 4).
Specifies that the provisions of this bill shall take effect January 1, 2026 (Sec. 5).
NOTE: THIS BILL WAS VOTED ON DURING A SPECIAL SESSION OF THE LEGISLATURE
Title: Reduces State Property Taxes
NOTE: THIS BILL WAS VOTED ON DURING A SPECIAL SESSION OF THE LEGISLATURE