Texas SB1453 amends ad valorem tax regulations, including public notice requirements and tax rate calculations for school districts.
Texas SB1453 modifies the requirements for public notices regarding school district budgets and proposed tax rates. It mandates that notices be at least one-quarter page in size and include specific details such as the average market value of residences, average taxable value of residences, and comparisons between last year's rates and proposed rates. The bill also details calculations for taxes due on average residences and includes a statement about the voter-approval rate.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.