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TX HB5447

Bill

Status

Introduced

3/14/2025

Primary Sponsor

Ellen Troxclair

Click for details

Origin

House of Representatives

89th Legislature Regular Session

AI Summary

  • Requires tax rate calculation forms to be capable of including hyperlinks to documents that evidence the accuracy of each entry, excluding mathematical calculations

  • Mandates that designated officers or employees include these evidentiary hyperlinks when calculating no-new-revenue tax rates and voter-approval tax rates

  • Requires adjustments to property values and tax amounts for taxing units participating in reinvestment zones to be calculated separately for each reinvestment zone

  • Directs the comptroller to update tax rate calculation forms to accommodate the separate reinvestment zone calculations

  • Takes effect January 1, 2026, and applies to tax rate calculations for tax years beginning on or after that date

Legislative Description

Relating to the calculation of certain ad valorem tax rates.

Taxation

Last Action

Laid on the table subject to call

5/9/2025

Committee Referrals

Ways & Means4/7/2025

Full Bill Text

No bill text available