81st Texas Legislature, Senate Bill 2274, Chapter 1240 Page: 1 of 4
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S.B. No. 2274
Chapter 1240
1 AN ACT
2 relating to the authority of a school district to impose ad valorem
3 taxes.
4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
5 SECTION 1. Section 26.08, Tax Code, is amended by adding
6 Subsection (p) to read as follows:
7 (p) Notwithstanding Subsections (i), (n), and (o), if for
8 the preceding tax year the district adopted a maintenance and
9 operations tax rate that was less than the district's effective
10 maintenance and operations tax rate for that preceding tax year,
11 the rollback tax rate of the district for the current tax year is
12 calculated as if the district adopted a maintenance and operations
13 tax rate for the preceding tax year that was equal to the district's
14 effective maintenance and operations tax rate for that preceding
15 tax year.16 SECTION 2. Subsection (a), Section 45.001, Education Code,
17 is amended to read as follows:
18 (a) The governing board of an independent school district,
19 including the city council or commission that has jurisdiction over
20 a municipally controlled independent school district, the
21 governing board of a rural high school district, and the
22 commissioners court of a county, on behalf of each common school
23 district under its jurisdiction, may:
24 (1) issue bonds for:1
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Texas. Legislature. Senate. 81st Texas Legislature, Senate Bill 2274, Chapter 1240, legislative document, June 19, 2009; [Austin, Texas]. (https://texashistory.unt.edu/ark:/67531/metapth149535/m1/1/: accessed April 25, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.