Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 129 requires the Texas Comptroller to calculate surplus general revenue every biennium. If the surplus exceeds $1.5 billion, 10% of that surplus must be dedicated to an account for reducing school district maintenance and operations (M&O) property tax rates. The provision would begin with the 2027–2029 biennium.
Author (1)