Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 5161 grants authority to the officer or employee designated by a municipality to calculate ad valorem tax rates to recalculate those rates after receiving the certified appraisal roll. It amends the Tax Code to clarify that the recalculated voter-approval tax rate from the preceding tax year applies in the current year. The bill also mandates that recalculations use the certified values from the appraisal roll and requires transparency in reporting tax rate calculations on county websites​.
Author (1)
Jared Patterson