SB3026 — Relating to the calculation of certain ad valorem tax rates of a taxing unit and the manner in which a proposed ad valorem tax rate that exceeds the voter-approval tax rate is approved; making conforming changes.

SB3026 — Relating to the calculation of certain ad valorem tax rates of a taxing unit and the manner in which a proposed ad valorem tax rate that exceeds the voter-approval tax rate is approved; making conforming changes. · Informed CitizenrySB 3026 amends several state codes to modify how ad valorem tax rates are calculated and approved for various taxing units, including school districts and water districts. The bill adjusts formulas…Open in Informed Citizenry