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 for determining the validity of local values for school districts from five percent to ten percent, unless a larger margin is deemed necessary due to the sample size. Additionally, it introduces a new 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. The changes will take effect on September 1, 2025, and will apply only to studies and reviews conducted for years beginning on or after January 1, 2026, with prior law remaining in effect for earlier years. This legislative update aims to enhance the accuracy and reliability of property appraisals for school districts in Texas.

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