Recovery of Funds From Excessive Taxation

Sec. 48.2721. RECOVERY OF FUNDS FROM EXCESSIVE TAXATION. The commissioner shall reduce state aid or adjust the limit on local revenue under Section 48.257 in an amount equal to the amount of revenue generated by a school district's tax effort that is not in compliance with Section 45.003 or this chapter. Added by Acts 2021, 87th Leg., R.S., Ch. 806 (H.B. 1525), Sec. 37, eff. September 1, 2021.