| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | By: Geren H.B. No. 4740 | |
| 2 | 2 | ||
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | ||
| 6 | 6 | A BILL TO BE ENTITLED | |
| 7 | 7 | AN ACT | |
| 8 | 8 | relating to the study of school district property values conducted | |
| 9 | 9 | by the comptroller of public accounts. | |
| 10 | 10 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 11 | 11 | SECTION 1. Section 403.3011(2), Government Code, is amended | |
| 12 | 12 | to read as follows: | |
| 13 | 13 | (2) "Eligible school district" means a school district | |
| 14 | 14 | for which the comptroller has determined the following: | |
| 15 | 15 | (A) in the most recent study, the local value is | |
| 16 | 16 | invalid under Section 403.302(c) and does not exceed the state | |
| 17 | 17 | value for the school district determined in the study; | |
| 18 | 18 | (B) in [the two studies preceding] the most | |
| 19 | 19 | recent study, the school district's local value was valid under | |
| 20 | 20 | Section 403.302(c); and | |
| 21 | 21 | (C) in the most recent study, the aggregate local | |
| 22 | 22 | value of all of the categories of property sampled by the | |
| 23 | 23 | comptroller is not less than 90 percent of the lower limit of the | |
| 24 | 24 | margin of error as determined by the comptroller of the aggregate | |
| 25 | 25 | value as determined by the comptroller of all of the categories of | |
| 26 | 26 | property sampled by the comptroller[; and | |
| 27 | 27 | [(D) the appraisal district that appraises | |
| 28 | 28 | property for the school district was in compliance with the scoring | |
| 29 | 29 | requirement of the comptroller's most recent review of the | |
| 30 | 30 | appraisal district conducted under Section 5.102, Tax Code]. | |
| 31 | 31 | SECTION 4. This Act takes effect January 1, 2026. |