Bill Text: TX HB257 | 2021 | 87th Legislature 1st Special Session | Introduced
Bill Title: Relating to the period for which the comptroller of public accounts is required to use a school district's local value in determining the total taxable value of property in the district if the comptroller determines that the district is an eligible district.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2021-07-12 - Filed [HB257 Detail]
Download: Texas-2021-HB257-Introduced.html
87S10588 TYPED | ||
By: Buckley | H.B. No. 257 |
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relating to the period for which the comptroller of public accounts | ||
is required to use a school district's local value in determining | ||
the total taxable value of property in the district if the | ||
comptroller determines that the district is an eligible district. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 403.302(l), Government Code, is amended | ||
to read as follows: | ||
(l) If after conducting the study for a year the comptroller | ||
determines that a school district is an eligible school district, | ||
for that year and the following three years [ |
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for the school district is the district's local value. | ||
SECTION 2. The change in law made by this Act applies only | ||
to the study conducted under Section 403.302, Government Code, for | ||
a tax year that begins on or after the effective date of this Act. | ||
The study for a tax year that begins before the effective date of | ||
this Act 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 3. This Act takes effect January 1, 2022. |