The bill amends the Government Code and the Tax Code to establish new guidelines for studies and reviews of appraisal districts conducted by the comptroller of public accounts. Specifically, it modifies Section 403.302 by changing the margin of error used to determine the validity of local values for school districts from five percent to a maximum of ten percent, unless a larger margin is deemed necessary due to the sample size. Additionally, it introduces a requirement for the comptroller to conduct studies and reviews for each appraisal district that appraises property for a school district in alternating years, ensuring a more systematic approach to these evaluations.

Furthermore, the bill adds a new subsection to Section 5.102 of the Tax Code, mandating that the comptroller also conduct reviews for each school district in alternating years, aligning with the new study requirements. The changes will take effect on September 1, 2025, and will only apply to studies and reviews conducted for years beginning on or after January 1, 2026, allowing for a transition period where prior laws remain in effect for earlier years.

Statutes affected:
Introduced: Government Code 403.302, Tax Code 5.102 (Government Code 403, Tax Code 5)