Tex. Tax Code Section 1.045
Reference to Certain Terms in Law

Unless the context indicates otherwise:

(1)

a reference in law to a taxing unit’s effective maintenance and operations rate is a reference to the taxing unit’s no-new-revenue maintenance and operations rate, as defined by Chapter 26 (Assessment);

(2)

a reference in law to a taxing unit’s effective tax rate is a reference to the taxing unit’s no-new-revenue tax rate, as defined by Chapter 26 (Assessment); and

(3)

a reference in law to a taxing unit’s rollback tax rate is a reference to the taxing unit’s voter-approval tax rate, as defined by Chapter 26 (Assessment).
Added by Acts 2019, 86th Leg., R.S., Ch. 944 (S.B. 2), Sec. 2, eff. January 1, 2020.

Source: Section 1.045 — Reference to Certain Terms in Law, https://statutes.­capitol.­texas.­gov/Docs/TX/htm/TX.­1.­htm#1.­045 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 1.045’s source at texas​.gov