HB 129

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
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)
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