HB4740 - Relating to the study of school district property values conducted by the comptroller of public accounts.

      By: Geren H.B. No. 4740       A BILL TO BE ENTITLED   AN ACT   relating to the study of school district property values 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 4.  This Act takes effect January 1, 2026.