LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 4, 2025 TO: Honorable Morgan Meyer, Chair, House Committee on Ways & Means FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4236 by Martinez Fischer (Relating to the establishment of the property value study task force.), As Introduced No significant fiscal implication to the State is anticipated. The bill would create a school district property value study task force to examine the school district property value study conducted by the Comptroller and develop recommendations on the elimination of the school district property value study and alternative methods by which the state may ensure the equitable statewide distribution of local property tax effort and state funding to public education.The task force would meet at least once each calendar quarter and submit a written report and recommendations to the Governor, Lieutenant Governor, the Speaker of the House, and each member of the legislature by November 1, 2026. The Task Force would be abolished June 1, 2027. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 304 Comptroller of Public Accounts LBB Staff: b > td > JMc, KK, SD, BRI
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
April 4, 2025
TO: Honorable Morgan Meyer, Chair, House Committee on Ways & Means FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4236 by Martinez Fischer (Relating to the establishment of the property value study task force.), As Introduced
TO: Honorable Morgan Meyer, Chair, House Committee on Ways & Means
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB4236 by Martinez Fischer (Relating to the establishment of the property value study task force.), As Introduced
Honorable Morgan Meyer, Chair, House Committee on Ways & Means
Honorable Morgan Meyer, Chair, House Committee on Ways & Means
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB4236 by Martinez Fischer (Relating to the establishment of the property value study task force.), As Introduced
HB4236 by Martinez Fischer (Relating to the establishment of the property value study task force.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would create a school district property value study task force to examine the school district property value study conducted by the Comptroller and develop recommendations on the elimination of the school district property value study and alternative methods by which the state may ensure the equitable statewide distribution of local property tax effort and state funding to public education.The task force would meet at least once each calendar quarter and submit a written report and recommendations to the Governor, Lieutenant Governor, the Speaker of the House, and each member of the legislature by November 1, 2026. The Task Force would be abolished June 1, 2027.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: b > td > JMc, KK, SD, BRI
JMc, KK, SD, BRI