Relating to the dissemination of certain school district ad valorem tax-related information.
What changed between versions
Changed the Tax Code section being amended from Section 26.16 to Section 26.17, which governs tax bill and separate statement requirements rather than just website posting requirements.
Reorganized the required disclosures to separate information for districts that have taken measures to reduce revenue from information for districts that haven't, making the requirements clearer.
Added a new required statement on tax bills that explains the estimated percentage of local taxes paid to the state versus remaining in the district for maintenance and operations.
Updated eligibility criteria to clarify that the requirements apply to districts with local revenue levels exceeding entitlement and that have taken measures to reduce revenue, while also applying to other districts under different conditions.