bill drops one condition for a property value grace period

The text as introduced · 443 words

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.