Bill Text: TX HB971 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to the frequency with which the comptroller is required to conduct the school district property value study and the ratio study of an appraisal district.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2023-03-02 - Referred to Public Education [HB971 Detail]
Download: Texas-2023-HB971-Introduced.html
88R2079 DRS-D | ||
By: Goodwin | H.B. No. 971 |
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relating to the frequency with which the comptroller is required to | ||
conduct the school district property value study and the ratio | ||
study of an appraisal district. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 403.302(a-1), Government Code, is | ||
amended to read as follows: | ||
(a-1) The comptroller shall conduct a study: | ||
(1) [ |
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district for which the most recent study resulted in a | ||
determination by the comptroller that the school district's local | ||
value was valid; and | ||
(2) each year in a school district for which the most | ||
recent study resulted in a determination by the comptroller that | ||
the school district's local value was not valid. | ||
SECTION 2. Section 5.10(a), Tax Code, is amended to read as | ||
follows: | ||
(a) Every four [ |
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comptroller shall conduct a study in each appraisal district to | ||
determine the degree of uniformity of and the median level of | ||
appraisals by the appraisal district within each major category of | ||
property. The comptroller shall publish a report of the findings | ||
of the study, including in the report the median levels of appraisal | ||
for each major category of property, the coefficient of dispersion | ||
around the median level of appraisal for each major category of | ||
property, and any other standard statistical measures that the | ||
comptroller considers appropriate. In conducting the study, the | ||
comptroller shall apply appropriate standard statistical analysis | ||
techniques to data collected as part of the study of school district | ||
taxable values required by Section 403.302, Government Code. | ||
SECTION 3. The changes in law made by this Act apply only to | ||
a study conducted under Section 403.302, Government Code, or | ||
Section 5.10, Tax Code, for a year that begins on or after the | ||
effective date of this Act. A study for a year that began before the | ||
effective date of this Act is covered by the law in effect | ||
immediately before that date, and the former law is continued in | ||
effect for that purpose. | ||
SECTION 4. This Act takes effect January 1, 2024. |