HBA-RAR H.B. 954 76(R) BILL ANALYSIS Office of House Bill AnalysisH.B. 954 By: Uher Ways & Means 3/9/1999 Introduced BACKGROUND AND PURPOSE Current law requires a public hearing every time a taxing entity's rate change results in the imposition of a tax that if applied to the total taxable value would exceed the previous year's levy. This procedure can result in numerous public hearings and be very costly. H.B. 954 amends the Tax Code to provide that a public hearing is only required if the tax rate exceeds the tax rate for the previous year. RULEMAKING AUTHORITY It is the opinion of the Office of House Bill Analysis that this bill does not expressly delegate any additional rulemaking authority to a state officer, department, agency, or institution. SECTION BY SECTION ANALYSIS SECTION 1. Amends Section 26.05(d), Tax Code, to prohibit a taxing unit from adopting a tax rate that exceeds the unit's tax rate for the preceding tax year, rather than a tax rate that if applied to the total taxable value would impose an amount of taxes that exceeds last year's levy, until the unit has held a public hearing and has complied with Section 26.06, Tax Code. SECTION 2. Amends Section 26.06, Tax Code, as follows: Sec. 26.06. New title: NOTICE, HEARING, AND VOTE ON TAX RATE INCREASE. Adds "rate" to existing title. SECTION 3. Amends Sections 26.06(a), (b), (d), and (e), Tax Code, to make conforming and nonsubstantive changes. SECTION 4. Effective date: January 1, 2000. Makes application of this Act prospective. SECTION 5. Emergency clause.