90th General Assembly
Summary of HB3618
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House Sponsors:

Short description: 
PROP TX-REDUCE SCHOOL PROP TX                                              

Synopsis of Bill as introduced:
        Amends the Property Tax Code.  Reduces the school property  taxes      
   of  (i)  certain  homestead  residential  property,  (ii) certain farm      
   property, and (iii) property owned by a Subchapter S corporation or  a      
   sole  proprietorship.   The  reduction is based on a percentage of the      
   district's 1997 tax extension, and the reduction  is  required  to  be      
   shown on the property tax bills.                                            
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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