Bill Summary

SB 932 Ad Valorem Tax Revenue in Fiscally Constrained Counties (2026 Session)
Ad Valorem Tax Revenue in Fiscally Constrained Counties; Requiring the Legislature to appropriate funds for a specified purpose; requiring that such funds be distributed in a specified manner; requiring specified counties to apply for such distribution; providing requirements for application; providing a specified calculation to be used to determine funding; providing for a reversion of funds in specified circumstances, etc. Effective Date: January 1, 2027, if the amendment to the State Constitution proposed by CS/HJR 1215, as adopted at the 2025 Regular Session, is approved at the next general election or at an earlier special election specifically authorized by law for that purpose
12/17/25
SENATE
Filed
01/05/26
SENATE
Referred to Finance and Tax; Appropriations; Rules
0932
Filed on 12/17/25
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