Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 4949 amends the Tax Code to adjust how certain counties calculate their voter-approval tax rate. It modifies formulas for special taxing units and counties with populations over 500,000, clarifying how sales tax revenue affects property tax rates. It also streamlines procedures for adopting tax rates exceeding the voter-approval threshold​.
Author
Sergio Munoz, Jr.