88(4) HB 85 - Introduced version - Bill Text
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A BILL TO BE ENTITLED
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AN ACT
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relating to the definition of "eligible school district" for |
 
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purposes of the study of school district property values conducted |
 
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by the comptroller of public accounts. |
 
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             BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
 
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             SECTION  1.    Section 403.3011(2), Government Code, is amended |
 
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to read as follows: |
 
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                         (2)    "Eligible school district" means a school district |
 
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for which the comptroller has determined the following: |
 
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                                     (A)    in the most recent study, the local value is |
 
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invalid under Section 403.302(c) and does not exceed the state |
 
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value for the school district determined in the study; and |
 
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                                     (B)    in the two studies preceding the most recent |
 
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study, the school district's local value was valid under Section |
 
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403.302(c)[; |
 
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                                     [(C)    in the most recent study, the aggregate |
 
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local value of all of the categories of property sampled by the |
 
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comptroller is not less than 90 percent of the lower limit of the |
 
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margin of error as determined by the comptroller of the aggregate |
 
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value as determined by the comptroller of all of the categories of |
 
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property sampled by the comptroller; and |
 
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                                     [(D)    the appraisal district that appraises |
 
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property for the school district was in compliance with the scoring |
 
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requirement of the comptroller's most recent review of the |
 
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appraisal district conducted under Section 5.102, Tax Code]. |
 
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             SECTION  2.    The change in law made by this Act applies only |
 
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to a study conducted under Section 403.302, Government Code, for a |
 
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tax year that begins on or after January 1, 2024. A study conducted |
 
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before that date is governed by the law in effect immediately before |
 
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the effective date of this Act, and the former law is continued in |
 
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effect for that purpose. |
 
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             SECTION  3.    This Act takes effect immediately if it receives |
 
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a vote of two-thirds of all the members elected to each house, as |
 
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provided by Section 39, Article III, Texas Constitution. If this |
 
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Act does not receive the vote necessary for immediate effect, this |
 
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Act takes effect on the 91st day after the last day of the |
 
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legislative session. |