H.B. No. 4744 amends Section 6.05(i) of the Texas Tax Code to enhance the responsibilities of the board of directors of an appraisal district regarding property reappraisal. The bill mandates that the board develop a written plan for the periodic reappraisal of all property within the district's boundaries, ensuring adherence to generally accepted appraisal practices and the requirements of Section 23.01. Additionally, the board is required to hold a public hearing to consider the proposed plan, with specific timelines for notifying taxing units and completing the hearings.

The bill also stipulates that the board must finalize and approve the reappraisal plan by resolution no later than September 15 of each even-numbered year, with copies of the approved plan distributed to relevant parties within 60 days of approval. This legislative change aims to improve transparency and accountability in the appraisal process, ensuring that all property is appraised in accordance with established standards. The act is set to take effect on September 1, 2025.

Statutes affected:
Introduced: Tax Code 6.05 (Tax Code 6)
House Committee Report: Tax Code 6.05 (Tax Code 6)
Engrossed: Tax Code 6.05 (Tax Code 6)