89th Legislature

HB 3879

Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 3879 imposes new restrictions on property tax levies and bond financing. It prohibits local governments from materially deviating from the stated purpose of an approved tax increase, including significant cost increases, scope reductions, or financing changes. Property owners may seek an injunction to stop tax collection if a taxing entity fails to comply. Additionally, ad valorem tax revenue cannot be transferred to local government corporations to repay bond debt​.
Author
Ellen Troxclair