comptroller margin of error goes from 5 to 10 percent

The text as introduced · 394 words

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.