Bill Text: TX HB2855 | 2023-2024 | 88th Legislature | Introduced

Texas House Bill 2855

Introduced

Bill Title: Relating to the margin of error to be used by the comptroller of public accounts in connection with the property value study to determine whether the local value for a school district is valid.

Spectrum: Moderate Partisan Bill (Republican 8-1)

Status: (Introduced - Dead) 2023-03-14 - Referred to Public Education [HB2855 Detail]

Download: Texas-2023-HB2855-Introduced.html

	88R4094 SHH-D

	By: Rogers	H.B. No. 2855



	A BILL TO BE ENTITLED
	AN ACT
	relating to the margin of error to be used by the comptroller of
	public accounts in connection with the property value study to
	determine whether the local value for a school district is valid.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. Section 403.302(c), Government Code, is amended
	to read as follows:
	(c) If after conducting the study the comptroller
	determines that the local value for a school district is valid, the
	local value is presumed to represent taxable value for the school
	district. In the absence of that presumption, taxable value for a
	school district is the state value for the school district
	determined by the comptroller under Subsections (a) and (b) unless
	the local value exceeds the state value, in which case the taxable
	value for the school district is the district's local value. In
	determining whether the local value for a school district is valid,
	the comptroller shall use a margin of error that does not exceed 10
	[~~five~~] percent unless the comptroller determines that the size of
	the sample of properties necessary to make the determination makes
	the use of such a margin of error not feasible, in which case the
	comptroller may use a larger margin of error.
	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 January 1, 2024. The study for a
	tax year that begins before that date 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 immediately if it receives
	a vote of two-thirds of all the members elected to each house, as
	provided by Section 39, Article III, Texas Constitution. If this
	Act does not receive the vote necessary for immediate effect, this
	Act takes effect September 1, 2023.