Money Bill Studies Abolishing Property Taxes, Abolishes Nothing

The text as introduced · 364 words

89R8365 JBD-D

By: Money
H.B. No. 3018

A BILL TO BE ENTITLED

AN ACT

relating to a study of alternative methods of taxation to replace

revenue lost to political subdivisions if ad valorem taxes are

abolished.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. DEFINITION. In this Act, "commission" means the

Commission to Study Measures to Abolish Ad Valorem Taxes.

SECTION 2. COMPOSITION OF COMMISSION. The commission is

composed of nine members as follows:

(1) the comptroller of public accounts;

(2) three members of the senate appointed by the

lieutenant governor;

(3) three members of the house of representatives

appointed by the speaker of the house of representatives; and

(4) two public members appointed by the governor.

SECTION 3. PRESIDING OFFICER. The comptroller of public

accounts is the presiding officer of the commission.

SECTION 4. MEETINGS. The commission shall meet at the call

of the presiding officer of the commission.

SECTION 5. STAFF. The staff of the office of the

comptroller of public accounts shall serve as the staff of the

commission.

SECTION 6. COMPENSATION; REIMBURSEMENT FOR EXPENSES. A

commission member is not entitled to receive compensation for

service on the commission but is entitled to reimbursement for

actual and necessary expenses, including travel expenses, incurred

by the member in performing commission duties.

SECTION 7. STUDY. The commission shall conduct a study of

alternative methods of taxation to replace revenue lost to

political subdivisions if ad valorem taxes are abolished.

SECTION 8. REPORT. Not later than December 1, 2026, the

commission shall issue a report of the results of the study,

including any legislative recommendations, to the governor, the

lieutenant governor, the speaker of the house of representatives,

and the presiding officer of each legislative standing committee

with jurisdiction over taxation.

SECTION 9. ABOLITION AND EXPIRATION. The commission is

abolished and this Act expires September 1, 2027.

SECTION 10. EFFECTIVE DATE. This Act takes effect

immediately if it receives a vote of two-thirds of all the members

elected to each house, as provided by Section 39, Article III, Texas

Constitution. If this Act does not receive the vote necessary for

immediate effect, this Act takes effect September 1, 2025.