TX SB749

Removes junior college districts and hospital districts from the definition of "special taxing unit," subjecting them to standard voter-approval tax rate requirements rather than the more lenient 8% threshold previously allowed

Repeals Section 49.236 of the Water Code and related sections (49.23601, 49.23602, 49.23603), eliminating the separate tax rate adoption procedures that applied specifically to water districts and other special districts under Chapter 49

Establishes that for junior college districts, hospital districts, and former Water Code Section 49.236 districts, the "foregone revenue amount" is considered zero for all tax years before 2026, with this provision expiring December 31, 2028

Defines "developed district" as one that has financed, completed, and issued bonds to pay for infrastructure serving at least 95% of projected build-out, requiring such districts to include audited financial statements, bond transcripts, and engineer's reports as budget appendices

Takes effect January 1, 2026, with all changes applying only to ad valorem tax years beginning on or after that date