Texas HB3018 establishes a commission to study alternative taxation methods to replace lost revenue if ad valorem taxes are abolished.

Texas HB3018 creates the Commission to Study Measures to Abolish Ad Valorem Taxes. The commission, composed of nine members including the comptroller of public accounts, three senators, three representatives, and two public members, will study alternative taxation methods to replace lost revenue for political subdivisions if ad valorem taxes are abolished. The commission will issue a report by December 1, 2026, with recommendations to the governor, lieutenant governor, speaker of the house, and relevant legislative committees.

Texas HB3018 establishes a commission to study alternative taxation methods to replace lost revenue if ad valorem taxes are abolished.

Texas HB3018 creates the Commission to Study Measures to Abolish Ad Valorem Taxes. The commission, composed of nine members including the comptroller of public accounts, three senators, three representatives, and two public members, will study alternative taxation methods to replace lost revenue for political subdivisions if ad valorem taxes are abolished. The commission will issue a report by December 1, 2026, with recommendations to the governor, lieutenant governor, speaker of the house, and relevant legislative committees.