Relating to the calculation of certain ad valorem tax rates of a taxing unit and the manner in which a proposed ad valorem tax rate that exceeds the voter-approval tax rate is approved; making conforming changes.

SB 3026 adjusts how Texas school districts calculate property tax rates when state funding changes. It requires school districts to lower their tax rates if state/local funding per student increases above the previous year’s level, ensuring they don’t collect extra revenue beyond the guaranteed funding amount. The bill also clarifies that districts cannot raise maintenance and operations tax rates above a specific cap after making these adjustments. This directly affects school districts (not general taxing units) by linking their tax rates to state funding changes under Education Code. The bill modifies existing tax calculation rules but does not create new taxes or alter voter approval requirements.