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HB1321Introduced in the House

PROP TX-TAX DISTRICT SURPLUS

IntroducedHouse Rules

Introduced by Dan Ugaste, District 65

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

Amends the Property Tax Code. Provides that no taxing district may hold more than 150% of the previous levy year's property tax collections in cash or cash-equivalent assets. Provides that excess amounts shall be refunded to taxpayers. Effective immediately.

Where it stands

Rule 19(a) / Re-referred to Rules Committee

March 27, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Filed with the Clerk by Rep. Daniel J. Ugaste

  2. Added Co-Sponsor Rep. Tony M. McCombie

  3. First Reading

  4. Referred to Rules Committee

  5. Assigned to Revenue & Finance Committee

  6. To Finance Subcommittee

  7. Added Co-Sponsor Rep. Kevin Schmidt

  8. Rule 19(a) / Re-referred to Rules Committee

  9. Assigned to Revenue & Finance Committee

  10. To Finance Subcommittee

  11. Rule 19(a) / Re-referred to Rules Committee

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