Tax rates can be tricky when you live in parts of Texas. This is true for both homeowners and business owners. If you want to make sure that your property is under protection, learn the tax rules.
This also applies to the changes and revisions on the tax code. Don’t be too worried about reading the legislation.
We’re here to help you understand what the current changes in tax rates increase notices are. It’s important that you get timely updates on tax rate increases.
This article gives you a simple explanation of how to keep up with tax rates imposed by taxing units. Read on below to know more.
The Texas Tax Code 26.065 and What It’s All About
The Texas Tax Code 26.065 talks about the Supplemental Notice of Hearing on Tax Rate Increase. It is effective on June 4, 2019, under the current legislation of the 2019 Regular Session.
According to the tax code, there should be a notice given to property owners before any changes to tax rates. There are available notice forms in the Texas Comptroller model form, but these are not strictly required.
Any taxing unit has the freedom to create their own notice. They should use statutory language. The taxing unit needs to be aware of the publication requirements of posting notices.
Publication Requirements on the Notice of Hearing on Tax Rate Increase
Taxing units need to be aware of how they should publish the notice. There are several platforms wherein taxing units can use to their advantage. It is crucial that they know how and when to publish the notices long enough to reach the taxpayers.
- Newspaper – If a taxing unit decides to publish in the newspaper, they need to follow guidelines.
- The Notice of Public Hearing on Tax Increase should not be smaller than a quarter page. This is applicable on a standard-sized or tabloid-size newspaper.
- The headline of the notice needs to be in 24-point, or even larger.
- The notice should be on publication through a general circulation paper. This means that it needs a publication cycle of at least once a week for a duration of 12 months. The 12 months of notice need to be before the date of the notice.
- Bear in mind that the notice should not be at the legal notices or classified ads section.
- Website – When a taxing unit owns a website, the notice needs to be on post online as well.
- The notice should be up online from the date of its publication. This is until the second public hearing concludes.
- The notice should be up constantly for at least 7 days before the public hearing.
- The notice should be up constantly for at least 7 days, which is before the date of the voting to propose the tax rate increase.
- Television – When the taxing unit has access to a TV channel, they can request to air the notice.
- The station needs to carry a 60-second notice of the public hearing.
- The notice needs to be on air at least 5 times a day and between 7 AM to 9 PM.
- The airing of the notice on TV needs to be at least 7 before the public hearing.
- The airing of the notice on TV needs to be at least 7 days. This is before the date of the voting to propose the tax rate increase.
When Are the Requirements Inapplicable to Certain Taxing Units?
In any case that the taxing unit has an electronic or mechanical failure, they can be in excuse. This also goes for instances wherein the situation goes out of hand for the taxing unit.
People with taxable properties who try to follow requirements but fail aren’t allowed to bid. The bidding in question is one that prevents the tax by the taxing unit.
Still Confused? Don’t Worry There’s Still a Way
If you are still worried about how to find tax rate notices you can always contact your local taxing unit. It also helps when you talk to legal professionals and experts who can assist you. The important thing is you get notification beforehand. You have to know in advance when there are any changes in the tax rate of your property.
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