HB 4194

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
HB 4194 modifies the calculation of the no-new-revenue tax rate for local taxing units by requiring an adjustment for inflation. The Texas Comptroller will determine the annual inflation rate and publish it in the Texas Register, and taxing units must adjust their no-new-revenue tax rate accordingly. The change applies to the 2026 tax year and beyond​.
Author (1)
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