Texas SB1502 prohibits school districts from adopting an ad valorem tax rate exceeding voter-approved limits after a failed election.

Texas SB1502 amends the Tax Code to restrict school districts from setting an ad valorem tax rate above voter-approved limits if a previous rate was rejected in an election. Specifically, the governing body cannot adopt a higher tax rate if it previously did so, an election was held, and voters did not approve the rate. This change applies to tax years beginning on or after January 1, 2026.

Texas SB1502 prohibits school districts from adopting an ad valorem tax rate exceeding voter-approved limits after a failed election.

Texas SB1502 amends the Tax Code to restrict school districts from setting an ad valorem tax rate above voter-approved limits if a previous rate was rejected in an election. Specifically, the governing body cannot adopt a higher tax rate if it previously did so, an election was held, and voters did not approve the rate. This change applies to tax years beginning on or after January 1, 2026.