| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 87S10588 TYPED | |
| 2 | 2 | By: Buckley H.B. No. 257 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | A BILL TO BE ENTITLED | |
| 6 | 6 | AN ACT | |
| 7 | 7 | relating to the period for which the comptroller of public accounts | |
| 8 | 8 | is required to use a school district's local value in determining | |
| 9 | 9 | the total taxable value of property in the district if the | |
| 10 | 10 | comptroller determines that the district is an eligible district. | |
| 11 | 11 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 12 | 12 | SECTION 1. Section 403.302(l), Government Code, is amended | |
| 13 | 13 | to read as follows: | |
| 14 | 14 | (l) If after conducting the study for a year the comptroller | |
| 15 | 15 | determines that a school district is an eligible school district, | |
| 16 | 16 | for that year and the following three years [year] the taxable value | |
| 17 | 17 | for the school district is the district's local value. | |
| 18 | 18 | SECTION 2. The change in law made by this Act applies only | |
| 19 | 19 | to the study conducted under Section 403.302, Government Code, for | |
| 20 | 20 | a tax year that begins on or after the effective date of this Act. | |
| 21 | 21 | The study for a tax year that begins before the effective date of | |
| 22 | 22 | this Act is covered by the law in effect immediately before the | |
| 23 | 23 | effective date of this Act, and the prior law is continued in effect | |
| 24 | 24 | for that purpose. | |
| 25 | 25 | SECTION 3. This Act takes effect January 1, 2022. |