HB2642Introduced in the House
PROP TX-AGGREGATE EXTENSION
Introduced by Martin McLaughlin, District 52
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 Extension Limitation Law in the Property Tax Code. Provides that the limiting rate shall be calculated using the highest aggregate extension from any year in which the taxing district was subject to the Property Tax Extension Limitation Law (currently, the last 3 preceding levy years). Provides that an aggregate extension established for a levy year in which the taxing district was authorized to temporarily increase its limiting rate or its extension limitation may not be used.
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
Filed with the Clerk by Rep. Martin McLaughlin
First Reading
Referred to Rules Committee
Assigned to Revenue & Finance Committee
To Tax Policy: Other Taxes Subcommittee
Rule 19(a) / Re-referred to Rules Committee
Added Co-Sponsor Rep. Kevin Schmidt
Assigned to Revenue & Finance Committee
To Tax Policy: Other Taxes Subcommittee
Rule 19(a) / Re-referred to Rules Committee
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