TX SB2528

Creates a new "petition election tax rate" for hospital districts and junior college districts, calculated as the no-new-revenue maintenance and operations rate multiplied by 1.035, plus the current debt rate

Allows voters in hospital districts and junior college districts to petition for an election to reduce the adopted tax rate to the petition election tax rate when the adopted rate exceeds the petition election tax rate but does not exceed the voter-approval tax rate

Requires petitions to be signed by at least 3% of registered voters in the taxing unit and submitted within 90 days after the governing body adopts the tax rate

Mandates that if a majority of voters approve the tax reduction proposition, the taxing unit must reduce its rate to the petition election tax rate and issue corrected tax bills with refunds for overpayments of $1 or more

Requires taxing units to calculate, certify, and publicly post the petition election tax rate alongside the no-new-revenue and voter-approval tax rates, with the law taking effect January 1, 2026