SB3067 — Relating to restrictions on the use of certain ad valorem taxes and on the issuance of certain bonds supported by ad valorem taxes.

SB3067 — Relating to restrictions on the use of certain ad valorem taxes and on the issuance of certain bonds supported by ad valorem taxes. · Informed CitizenrySB 3067 amends the Tax Code and Government Code to restrict the use of ad valorem tax revenue. Specifically, it prohibits a taxing unit from using increased maintenance and operations tax revenue f…Open in Informed Citizenry