Bill > HB776

This bill modifies the definition of an "eligible school district" for property value studies conducted by the Texas Comptroller. Currently, an eligible school district must have a local property value that is invalid and does not exceed the state-determined value. The bill removes two additional existing requirements: the previous requirement that the aggregate local value must be at least 90 percent of the lower limit of the margin of error, and the requirement that the appraisal district must have been in compliance with the Comptroller's most recent review scoring. The changes will apply to property value studies for tax years beginning on or after January 1, 2026. The bill will take effect immediately if it receives a two-thirds vote in both legislative chambers, otherwise it will take effect on September 1, 2025. This modification simplifies the criteria for determining an eligible school district in the Comptroller's property value studies, potentially making it easier for some school districts to qualify for this designation.

Budget and Finance

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB776