Relating to the vote required in an election to approve an ad valorem tax rate that exceeds a taxing unit 's voter-approval tax rate; making conforming changes.

HB 107 would lower the voter approval threshold for property tax increases that exceed a taxing unit's current voter-approved rate from two-thirds to a simple majority (over 50%). This affects local governments in Texas, including cities, counties, and school districts, when they seek to raise property taxes above previously approved rates. The bill requires public notices for such tax increases to clearly display the proposed rate, the no-new-revenue rate (current tax level), and the voter-approval rate. If the proposed rate exceeds the voter-approval rate, an election must be held, and the tax rate would default to the voter-approval rate unless a majority of voters approve the increase.