Texas Education Code - Section 42.303. Limitation On Enrichment Tax Rate
Legal Research Home >
Texas Lawyer > Education Code > Texas Education Code - Section 42.303. Limitation On Enrichment Tax Rate
§ 42.303. LIMITATION ON ENRICHMENT TAX RATE. The
district enrichment tax rate ("DTR") under Section 42.302 may not
exceed the amount per $100 of valuation by which the maximum rate
permitted under Section 45.003 exceeds the rate of $0.86, or a
greater amount for any year provided by appropriation.
Added by Acts 1995, 74th Leg., ch. 260, § 1, eff. May 30, 1995.
Amended by Acts 1997, 75th Leg., ch. 1071, § 21, eff. Sept. 1,
1997; Acts 1999, 76th Leg., ch. 396, § 1.20, eff. Sept. 1, 1999;
Acts 2006, 79th Leg., 3rd C.S., ch. 5, § 1.09, eff. May 26, 2006.
Section: 42.257 42.258 42.259 42.260 42.261 42.301 42.302 42.303 42.304 42.352 42.4101 43.001 43.002 43.003 43.0031
Last modified: August 10, 2007
|
