By: Middleton H.B. No. 149
A BILL TO BE ENTITLED
AN ACT
relating to the school district property value study 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);
(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 80 [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 403.302(c), Government Code, is amended
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.
SECTION 3. The change in law made by this Act applies only
to the annual study conducted under Section 403.302, Government
Code, for a tax year that begins on or after January 1, 2022. The
annual study 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 4. 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 on the 91st day after the last day of the
legislative session.