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TexasSB 145389th Legislature Regular SessionSenateWALLET

Relating to the current debt rate and tax rate of a taxing unit for ad valorem tax purposes.

Sponsored By: Paul Bettencourt (Republican), Morgan Meyer

Signed by Governor

Taxation--Property-Assessment & CollectionTaxation--Property-Tax Rate

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

New rules for local property taxes

Beginning with tax years starting January 1, 2026, Texas changes how local property-tax rates account for debt. Current debt service means the minimum dollar amount required for debt payments in the current year. School tax notices and local debt schedules must report the applicable minimum debt payments, including next year's required principal and interest. A local taxing body's governing board can approve a rate above the calculated debt-rate baseline with at least 60% approval. Its motion must list the baseline rate, proposed rate, difference, and specific purpose for the extra revenue. The approved rate becomes the current debt rate, and officials must recalculate the voter-approval tax rate using it. This process can allow higher property taxes; adopting a rate above the recalculated voter-approval rate still triggers an automatic election.

Sponsors & Cosponsors

Sponsors

  • Paul Bettencourt

    Republican • Senate

  • Morgan Meyer

    House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 317 • No: 93

House vote • 5/24/2025

Record vote

Yes: 101 • No: 32

House vote • 5/23/2025

Record vote

Yes: 102 • No: 35

Senate vote • 4/3/2025

Record vote

Yes: 25 • No: 6

Senate vote • 4/3/2025

Record vote

Yes: 25 • No: 6

Senate vote • 4/3/2025

Record vote

Yes: 25 • No: 6

Senate vote • 4/3/2025

Record vote

Yes: 25 • No: 6

House vote • Unknown

Committee vote: Ways & Means

Yes: 10 • No: 1

Senate vote • Unknown

Committee vote: Local Government

Yes: 4 • No: 1

Actions Timeline

  1. Effective on 1/1/26

    6/20/2025House

  2. Signed by the Governor

    6/20/2025House

  3. Sent to the Governor

    5/27/2025House

  4. Signed in the House

    5/27/2025House

  5. Signed in the Senate

    5/26/2025Senate

  6. Reported enrolled

    5/26/2025Senate

  7. House passage reported

    5/25/2025Senate

  8. Statement(s) of vote recorded in Journal

    5/24/2025House

  9. Record vote (RV#3453)

    5/24/2025House

  10. Passed

    5/24/2025House

  11. Read 3rd time

    5/24/2025House

  12. Statement(s) of vote recorded in Journal

    5/23/2025House

  13. Record vote (RV#3392)

    5/23/2025House

  14. Passed to 3rd reading

    5/23/2025House

  15. Read 2nd time

    5/23/2025House

  16. Placed on General State Calendar

    5/22/2025House

  17. Considered in Calendars

    5/20/2025House

  18. Committee report sent to Calendars

    5/19/2025House

  19. Committee report distributed

    5/16/2025House

  20. Comte report filed with Committee Coordinator

    5/16/2025House

  21. Reported favorably w/o amendment(s)

    5/14/2025House

  22. Considered in formal meeting

    5/14/2025House

  23. Left pending in committee

    5/12/2025House

  24. Testimony taken/registration(s) recorded in committee

    5/12/2025House

  25. Considered in public hearing

    5/12/2025House

Bill Text

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