87(r) sb 1711 - texas legislature online

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S.b.ano.a1711. a bill to be entitled. an act relating to state and local taxes and fees; ... section 11.26, tax code, on which school district taxes are not.
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By:AASpringerS.B.ANo.A1711ABILLTOBEENTITLEDANACTrelatingtostateandlocaltaxesandfees;imposingatax;imposingfees.BEITENACTEDBYTHELEGISLATUREOFTHESTATEOFTEXAS:ARTICLE1.PROVISIONSRELATEDTODECREASINGPROPERTYTAXLIABILITYSECTIONA1.01.AASection48.255(b),EducationCode,isamendedtoreadasfollows:(b)AAThestatecompressionpercentageisthelowerof:(1)AAthefollowingcompressionpercentages,basedonthedistrict’smaintenanceandoperationstaxforthe2020taxyear:(A)AAifadistrict’smaintenanceandoperationstaxisequaltoorgreaterthan$1.00perhundreddollarsofvaluation,60percent;(B)AAifadistrict’smaintenanceandoperationstaxisequaltoorgreaterthan$0.90butlessthan$1.00perhundreddollarsofvaluation,acompressionpercentagedeterminedbythecommissionerforthatdistrictthatwillcompressthedistrict’smaintenanceandoperationstaxto$0.90perhundreddollarsofvaluation;or(C)AAifadistrict’smaintenanceandoperationstaxis$0.90orlessperhundreddollarsofvaluation,66.67percent;or(2)AAacompressionpercentageestablishedby123456789101112131415161718192021222...
Relevant files:
Budget response to city council members no. 22-005
Taxation under learning-by-doing
Frb various bills 3 15 22 ldd.docx
Sb 149: corporate tax offset of insurer assessment
Engr. sb no. 314 page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 ...
Arizona updates internal revenue code conformity date - deloitte