HB5161 — Relating to the authority of the officer or employee designated by the governing body of a municipality to calculate certain ad valorem tax rates of the municipality to recalculate those rates.

HB5161 — Relating to the authority of the officer or employee designated by the governing body of a municipality to calculate certain ad valorem tax rates of the municipality to recalculate those rates. · Informed CitizenryThe bill amends several sections of the Tax Code regarding ad valorem tax rates for municipalities. It clarifies that a "voter-approval tax rate" is defined as the applicable preceding tax year's v…Open in Informed Citizenry