Repeals the Texas Jobs, Energy, Technology, and Innovation Act.

The bill repeals the Texas Jobs, Energy, Technology, and Innovation Act, which previously provided for limitations on appraised and taxable values of property. It also includes provisions for the transfer of funds to the Texas Education Agency and adjustments to tax calculations. The repeal takes effect immediately if passed with a two-thirds majority vote in both legislative houses; otherwise, it becomes effective 91 days after the legislative session.

Repeals the Texas Jobs, Energy, Technology, and Innovation Act.

The bill repeals the Texas Jobs, Energy, Technology, and Innovation Act, which previously provided for limitations on appraised and taxable values of property. It also includes provisions for the transfer of funds to the Texas Education Agency and adjustments to tax calculations. The repeal takes effect immediately if passed with a two-thirds majority vote in both legislative houses; otherwise, it becomes effective 91 days after the legislative session.