Tex. Educ. Code § 48.203

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 48.203 - Limitation on Enrichment Tax Rate

The district enrichment tax rate ("DTR") under Section 48.202 may not exceed the amount per $100 of valuation by which the maximum rate permitted under Section 45.003 exceeds the rate used to determine the district's local share under Section 48.256, or a greater amount for any year provided by appropriation.

Tex. Educ. Code § 48.203

Renumbered from Tex. Educ. Code § 42.303 by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 943,Sec. 1.038, eff. 9/1/2019.

Amended by Acts 2009, 81st Leg., R.S., Ch. 1328, Sec. 64, eff. 9/1/2009.

Amended by Acts 2006, 79th Leg., 3rd C.S., Ch. 5, Sec. 1.09, eff. 5/31/2006.

Amended by Acts 1999, 76th Leg., ch. 396, Sec. 1.20, eff. 9/1/1999.

Amended by Acts 1997, 75th Leg., ch. 1071, Sec. 21, eff. 9/1/1997

Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. 5/30/1995.