HB2553 - Relating to certain ad valorem tax-related studies conducted by the comptroller of public accounts.

  89R6179 MLH-F     By: Ashby H.B. No. 2553       A BILL TO BE ENTITLED   AN ACT   relating to certain ad valorem tax-related studies conducted by the   comptroller of public accounts.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 403.3011(2), Government Code, is amended   to read as follows:                (2)  "Eligible school district" means a school district   for which the comptroller has determined the following:                      (A)  in the most recent study, the local value is   invalid under Section 403.302(c) and does not exceed the state   value for the school district determined in the study;                      (B)  in the two studies preceding the most recent   study, the school district's local value was valid under Section   403.302(c); and                      (C)  in the most recent study, the aggregate local   value of all of the categories of property sampled by the   comptroller is not less than 90 percent of the lower limit of the   margin of error as determined by the comptroller of the aggregate   value as determined by the comptroller of all of the categories of   property sampled by the comptroller [ ; and                      [ (D) the appraisal district that appraises   property for the school district was in compliance with the scoring   requirement of the comptroller's most recent review of the   appraisal district conducted under Section 5.102, Tax Code ].          SECTION 2.  Section 5.102, Tax Code, is amended by adding   Subsection (f) to read as follows:           (f)     The comptroller shall prepare a report each year   summarizing the findings of the reviews conducted under this   section in that year. The comptroller shall include the report in   the report required under Section 5.10.   The report must include:                 (1)     the number of appraisal districts for which the   comptroller conducted a limited-scope review under Subsection   (a-1);                 (2)     the number of recommendations made under   Subsection (c) and the percentage increase or decrease in the   number of those recommendations as compared to the preceding year;                 (3)     the number of appraisal districts subject to   Subsection (e); and                 (4)     any other information the comptroller determines   necessary.          SECTION 3.  Section 403.3011(2), Government Code, as amended   by this Act, applies only to a study conducted under Section 403.302   of that code for a tax year that begins on or after January 1, 2026.     A study conducted before that date is governed by the law in effect   immediately before the effective date of this Act, and the former   law is continued in effect for that purpose.          SECTION 4.  Section 5.102(f), Tax Code, as added by this Act,   applies only to a review conducted under that section for a tax year   that begins on or after January 1, 2026.          SECTION 5.  This Act takes effect September 1, 2025.