HB4194 — Relating to the calculation of the no-new-revenue tax rate for a taxing unit.

HB4194 — Relating to the calculation of the no-new-revenue tax rate for a taxing unit. · Informed CitizenryThe bill amends Chapter 26 of the Tax Code by adding Section 26.0431, which addresses no-new-revenue tax rate adjustments for inflation. The section defines "consumer price index" and "inflation ra…Open in Informed Citizenry