HB4324 - Relating to certain studies and reviews of appraisal districts conducted by the comptroller of public accounts.

  89R2749 LHC-D     By: Cook H.B. No. 4324       A BILL TO BE ENTITLED   AN ACT   relating to certain studies and reviews of appraisal districts   conducted by the comptroller of public accounts.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 403.302, Government Code, is amended by   amending Subsection (c) and adding Subsection (m) to read as   follows:          (c)  If after conducting the study the comptroller   determines that the local value for a school district is valid, the   local value is presumed to represent taxable value for the school   district.  In the absence of that presumption, taxable value for a   school district is the state value for the school district   determined by the comptroller under Subsections (a) and (b) unless   the local value exceeds the state value, in which case the taxable   value for the school district is the district's local value.  In   determining whether the local value for a school district is valid,   the comptroller shall use a margin of error that does not exceed 10   [ five ] percent unless the comptroller determines that the size of   the sample of properties necessary to make the determination makes   the use of such a margin of error not feasible, in which case the   comptroller may use a larger margin of error.           (m)     To the extent practicable, the comptroller shall   conduct the study for a school district and the review required by   Section 5.102, Tax Code, for each appraisal district that appraises   property for the school district in alternating years.          SECTION 2.  Section 5.102, Tax Code, is amended by adding   Subsection (f) to read as follows:           (f)     To the extent practicable, the comptroller shall   conduct the review required by this section and the study required   by Section 403.302, Government Code, for each school district for   which the appraisal district appraises property in alternating   years.          SECTION 3.  The change in law made by this Act applies only   to a study conducted under Section 403.302, Government Code, or a   review conducted under Section 5.102, Tax Code, for a year that   begins on or after January 1, 2026.  A study or review for a year   that begins before that date is covered by the law in effect   immediately before the effective date of this Act, and the prior law   is continued in effect for that purpose.          SECTION 4.  This Act takes effect September 1, 2025.