89th Legislature, Regular Session
HB 1030
Relating to reducing school district maintenance and operations ad valorem taxes through the use of certain surplus state revenue.
Introduced
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- Passed House
- Passed Senate
- To Governor
- Became Law
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89R1120 KJE-D By: Shaheen H.B. No. 1030 A BILL TO BE ENTITLED AN ACT relating to reducing school district maintenance and operations ad valorem taxes through the use of certain surplus state revenue. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 48.255, Education Code, is amended by amending Subsection (b) and adding Subsections (d) and (e) to read as follows: (b) Subject to Subsection (d), the [The] state compression percentage is the lower of: (1) 93 percent, or a lower percentage set by