HB4236 - Relating to the creation of a study group to evaluate the school district property value study conducted by the comptroller of public accounts.

      H.B. No. 4236         AN ACT   relating to the creation of a study group to evaluate the school   district property value study conducted by the comptroller of   public accounts.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  (a)  In this Act:                (1)  "Comptroller" means the comptroller of public   accounts.                (2)  "Study" means the school district property value   study conducted by the comptroller under Section 403.302,   Government Code.                (3)  "Study group" means the school district property   value study group established by this Act.                (4)  "Taxing unit" has the meaning assigned by Section   1.04, Tax Code.          (b)  The purpose of the study group is to hold a single public   meeting to:                (1)  examine the use and effect of the study in the   annual distribution of state financial aid for public education;   and                (2)  develop recommendations on alternative methods   for verifying that valuations of complex properties are determined   appropriately and included in the study.          (c)  The study group is composed of six members appointed as   follows:                (1)  three members of the senate, including one   vice-chair of a standing substantive committee of the senate,   appointed by the lieutenant governor; and                (2)  three members of the house of representatives,   including one vice-chair of a standing substantive committee of the   house of representatives, appointed by the speaker of the house of   representatives.          (d)  The study group may request relevant information from   the comptroller, Texas Education Agency, appraisal districts, and   taxing units, and the entity receiving the request shall comply   with the request.          (e)  The study group shall examine the use and effect of the   study in the annual distribution of state financial aid for public   education and develop recommendations on alternative methods for   verifying that valuations of complex properties are determined   appropriately and included in the study.          (f)  Not later than December 1, 2026, the study group shall   prepare and submit to the governor, the lieutenant governor, and   the speaker of the house of representatives and electronically   provide each other member of the legislature a report on the use and   effect of the study and the recommendations developed by the study   group.          (g)  The study group is abolished and this Act expires   January 1, 2027.          SECTION 2.  This Act takes effect immediately if it receives   a vote of two-thirds of all the members elected to each house, as   provided by Section 39, Article III, Texas Constitution. If this   Act does not receive the vote necessary for immediate effect, this   Act takes effect September 1, 2025.       ______________________________ ______________________________      President of the Senate Speaker of the House                   I certify that H.B. No. 4236 was passed by the House on April   30, 2025, by the following vote:  Yeas 129, Nays 14, 1 present, not   voting; and that the House concurred in Senate amendments to H.B.   No. 4236 on May 30, 2025, by the following vote:  Yeas 96, Nays 39,   3 present, not voting.     ______________________________   Chief Clerk of the House               I certify that H.B. No. 4236 was passed by the Senate, with   amendments, on May 28, 2025, by the following vote:  Yeas 28, Nays   3.     ______________________________   Secretary of the Senate      APPROVED: __________________                   Date                       __________________                 Governor