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Tex. Educ. Code § 48.203

LIMITATION ON ENRICHMENT TAX RATE

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

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.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.