Texas 2021 - 87th 2nd C.S.

Texas House Bill HB149 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	By: Middleton H.B. No. 149
2	2
3	3
4	4	A BILL TO BE ENTITLED
5	5	AN ACT
6	6	relating to the school district property value study conducted by
7	7	the comptroller of public accounts.
8	8	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
9	9	SECTION 1. Section 403.3011(2), Government Code, is amended
10	10	to read as follows:
11	11	(2) "Eligible school district" means a school district
12	12	for which the comptroller has determined the following:
13	13	(A) in the most recent study, the local value is
14	14	invalid under Section 403.302(c) and does not exceed the state
15	15	value for the school district determined in the study;
16	16	(B) in the two studies preceding the most recent
17	17	study, the school district's local value was valid under Section
18	18	403.302(c);
19	19	(C) in the most recent study, the aggregate local
20	20	value of all of the categories of property sampled by the
21	21	comptroller is not less than 80 [90] percent of the lower limit of
22	22	the margin of error as determined by the comptroller of the
23	23	aggregate value as determined by the comptroller of all of the
24	24	categories of property sampled by the comptroller; and
25	25	(D) the appraisal district that appraises
26	26	property for the school district was in compliance with the scoring
27	27	requirement of the comptroller's most recent review of the
28	28	appraisal district conducted under Section 5.102, Tax Code.
29	29	SECTION 2. Section 403.302(c), Government Code, is amended
30	30	to read as follows:
31	31	(c) If after conducting the study the comptroller
32	32	determines that the local value for a school district is valid, the
33	33	local value is presumed to represent taxable value for the school
34	34	district. In the absence of that presumption, taxable value for a
35	35	school district is the state value for the school district
36	36	determined by the comptroller under Subsections (a) and (b) unless
37	37	the local value exceeds the state value, in which case the taxable
38	38	value for the school district is the district's local value. In
39	39	determining whether the local value for a school district is valid,
40	40	the comptroller shall use a margin of error that does not exceed 10
41	41	[five] percent unless the comptroller determines that the size of
42	42	the sample of properties necessary to make the determination makes
43	43	the use of such a margin of error not feasible, in which case the
44	44	comptroller may use a larger margin of error.
45	45	SECTION 3. The change in law made by this Act applies only
46	46	to the annual study conducted under Section 403.302, Government
47	47	Code, for a tax year that begins on or after January 1, 2022. The
48	48	annual study for a tax year that begins before that date is covered
49	49	by the law in effect immediately before the effective date of this
50	50	Act, and the prior law is continued in effect for that purpose.
51	51	SECTION 4. This Act takes effect immediately if it receives
52	52	a vote of two-thirds of all the members elected to each house, as
53	53	provided by Section 39, Article III, Texas Constitution. If this
54	54	Act does not receive the vote necessary for immediate effect, this
55	55	Act takes effect on the 91st day after the last day of the
56	56	legislative session.