Texas HB79 reduces school district maintenance and operations taxes using surplus state revenue.
Texas HB79 amends the Education Code to reduce school district maintenance and operations taxes by utilizing surplus state revenue. It sets a tier one maintenance and operations tax rate and eliminates the local share for certain purposes. If the state compression percentage is zero, school districts cannot impose a tier one maintenance and operations tax. The Act applies starting with the state fiscal biennium beginning September 1, 2027.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.