Texas HB98 proposes to repeal school district maintenance and operations ad valorem taxes, enact state and local value added taxes, and reform school.
Texas HB98 aims to repeal school district maintenance and operations ad valorem taxes, enact state and local value added taxes, and reform school finance. The bill prohibits school districts from imposing ad valorem taxes for maintenance and operations purposes starting January 1, 2030, contingent on a constitutional amendment. It allows political subdivisions to impose local value added taxes, administered by the comptroller. The bill also introduces a school district enrichment value added tax, which districts can adopt at an election.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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