Texas HB5579 amends the state compression percentage and maximum compressed tax rate for school districts.
Texas HB5579 amends the Education Code to redefine the state compression percentage and a school district's maximum compressed tax rate. The state compression percentage is set as the lower of 93 percent, a lower percentage set by appropriation, or a percentage determined by a specific formula. A school district's maximum compressed rate is determined by a formula involving the previous year's district property value and the previous year's maximum compressed rate. The changes take effect September 1, 2025.
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