Bill Text: TX HB149 | 2021 | 87th Legislature 2nd Special Session | Introduced

Texas House Bill 149 (Prior Session Legislation)

Introduced

Bill Title: Relating to the school district property value study conducted by the comptroller of public accounts.

Sponsorship: Partisan Bill (Republican 4)

Status: (Introduced - Dead) 2021-08-10 - Filed [HB149 Detail]

Download: Texas-2021-HB149-Introduced.html



	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.