Texas HB763 repeals provisions allowing certain taxing units to adopt higher ad valorem tax rates in the year following a disaster without an.

Texas HB763 repeals specific sections of the Education Code and Tax Code that allowed certain taxing units to adopt an ad valorem tax rate exceeding the voter-approval tax rate in the year following a disaster without holding an election to approve the rate. The bill also makes conforming changes to related sections. This Act applies to ad valorem taxes imposed for tax years beginning on or after January 1, 2026.

Texas HB763 repeals provisions allowing certain taxing units to adopt higher ad valorem tax rates in the year following a disaster without an.

Texas HB763 repeals specific sections of the Education Code and Tax Code that allowed certain taxing units to adopt an ad valorem tax rate exceeding the voter-approval tax rate in the year following a disaster without holding an election to approve the rate. The bill also makes conforming changes to related sections. This Act applies to ad valorem taxes imposed for tax years beginning on or after January 1, 2026.