(a) An increase in a rate provided by § 171.002(a) or (b) takes effect only if approved by a majority of the registered voters voting in a statewide referendum held on the question of increasing the rate. The referendum must specify the increased rate or rates.
(b) This section does not apply to a decrease in a rate provided by § 171.002(a) or (b). If a rate is decreased, this section applies to any subsequent increase in that rate.

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(c) This section does not apply to any change in the tax imposed by this chapter in relation to:
(1) the manner in which the tax is computed, including the determination of margin and taxable margin and any allowable deductions or credits;
(2) the manner in which the tax is administered or enforced; or
(3) the applicability of the tax to certain entities.