Bill Text: TX HB117 | 2021 | 87th Legislature 1st Special Session | Introduced
Bill Title: Relating to the school district property value study conducted by the comptroller of public accounts.
Spectrum: Partisan Bill (Republican 11-0)
Status: (Introduced - Dead) 2021-07-08 - Filed [HB117 Detail]
Download: Texas-2021-HB117-Introduced.html
| By: Middleton | H.B. No. 117 | |
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| 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 [ |
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| 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 | ||
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| 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. | ||
