Texas HJR57 proposes a constitutional amendment to redirect certain general revenue from the economic stabilization fund to reduce school district.
Texas HJR57 proposes a constitutional amendment that would redirect certain general revenue from the economic stabilization fund to reduce school district maintenance and operations ad valorem taxes. The comptroller of public accounts would determine the amount of general revenue increased by reducing transfers to the economic stabilization fund or crediting interest to general revenue. This amount would then be transferred to the property tax relief fund or a successor fund to reduce taxes.
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