HB642 — Relating to a limitation on the total amount of ad valorem taxes that a school district may impose on certain residence homesteads following a substantial school tax increase.

HB642 — Relating to a limitation on the total amount of ad valorem taxes that a school district may impose on certain residence homesteads following a substantial school tax increase. · Informed CitizenryHB 642 creates a new limitation on school district ad valorem taxes for certain residence homesteads, contingent on voter approval of a constitutional amendment. Under Section 11.262 of the Tax Cod…Open in Informed Citizenry