HB 98

Relating to the repeal of or limitations on certain state and local taxes, including school district maintenance and operations ad valorem taxes, the enactment of state and local value added taxes, and related school finance reform; imposing taxes.

Principle Criteria

Free Enterprise

Property Rights

Personal Responsibility

Limited Government

Individual Liberty

Digest

HB 98 repeals the authority for school districts to levy M&O property taxes starting in 2030 and replaces them with a state-level VAT (6.72%) and optional local VATs. It also authorizes a 0.5% “school district enrichment VAT” and repeals significant portions of the Tax and Education Codes. Contingent upon a constitutional amendment, the bill overhauls school funding and aims to eliminate local property taxes by shifting to consumption-based revenue.

Author (2)

Helen Kerwin Terri Leo-Wilson

Contact the Author

Rep. Helen Kerwin

Capitol Phone:

(512) 463-0538

Capitol Office:

EXT E1.216

E-Mail:

[email protected]

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