TX HB195

Requires the property tax database to include additional information for properties located in school districts with local revenue exceeding their entitlement (commonly known as "Robin Hood" districts)

Mandates disclosure of the estimated percentage of maintenance and operations taxes that the school district must pay to the state to purchase average daily attendance credits

Requires disclosure of the estimated percentage of maintenance and operations taxes that will remain in the local school district

Requires a specific statement informing property owners what percentage of their local property taxes goes to the state as "recaptured local taxes" versus what stays in the local district

Takes effect January 1, 2026