Texas HB1485 repeals school district maintenance and operations ad valorem taxes, enacts state and local value added taxes, and reforms school.
Texas HB1485 repeals school district maintenance and operations ad valorem taxes, replacing them with state and local value added taxes. The bill prohibits school districts from imposing ad valorem taxes for maintenance and operations purposes starting January 1, 2030, contingent on a constitutional amendment. It allows school districts to impose a value added tax for enrichment purposes, with revenue exclusively for school enrichment facilities and activities.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.