Texas HB85 modifies the vote required to approve an ad valorem tax rate exceeding a taxing unit's voter-approval tax rate.

Texas HB85 amends the Texas Tax Code to change the vote requirement for approving an ad valorem tax rate that exceeds a taxing unit's voter-approval tax rate. The bill specifies that if at least two-thirds of the votes cast in an election favor the tax rate, it will be adopted. It also mandates that notices to voters include details about the proposed tax rate, the no-new-revenue tax rate, and the voter-approval tax rate.

Texas HB85 modifies the vote required to approve an ad valorem tax rate exceeding a taxing unit's voter-approval tax rate.

Texas HB85 amends the Texas Tax Code to change the vote requirement for approving an ad valorem tax rate that exceeds a taxing unit's voter-approval tax rate. The bill specifies that if at least two-thirds of the votes cast in an election favor the tax rate, it will be adopted. It also mandates that notices to voters include details about the proposed tax rate, the no-new-revenue tax rate, and the voter-approval tax rate.