By: Bohac H.B. No. 4117
A BILL TO BE ENTITLED
AN ACT
relating to the determination of the total taxable value of
property in a school district under the property value study
conducted by the comptroller of public accounts.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subsection (b), Section 403.302, Government
Code, is amended to read as follows:
(b) In conducting the study, the comptroller shall
determine the taxable value of property in each school district:
(1) using, if appropriate, samples selected through
generally accepted sampling techniques;
(2) according to generally accepted standard
valuation, statistical compilation, and analysis techniques;
(3) ensuring that different levels of appraisal on
sold and unsold property do not adversely affect the accuracy of the
study; and
(4) ensuring that different levels of appraisal
resulting from protests determined under Section 41.43, Tax Code,
are appropriately adjusted in the study:
(A) by excluding from the samples used in the
study such properties that are determined to significantly vary
such that they adversely affect the accuracy and validity of the
study; or
(B) by using initial value prior to determination
by 41.43, Tax Code, for such properties, in the sample and in the
study.
SECTION 2. The change in law made by this Act applies only
to the annual study conducted by Section 403.302, Government Code,
to determine taxable value for a tax year that begins on or after
January 1, 2009. The annual study to determine taxable value for a
tax 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 3. 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, 2009.