Bill > HB2553

This bill modifies provisions related to ad valorem tax studies and appraisal district reviews conducted by the Texas Comptroller. Specifically, the bill changes the definition of an "eligible school district" by removing a requirement about appraisal district compliance scores, and instead focusing on the validity of local property values and the accuracy of value sampling. Additionally, the bill requires the Comptroller to prepare an annual report summarizing reviews of appraisal districts, which must include details such as the number of limited-scope reviews conducted, recommendations made, and the number of appraisal districts subject to certain review processes. The changes will apply to tax years beginning on or after January 1, 2026, and the bill itself will take effect on September 1, 2025. These modifications aim to streamline and provide more transparency in the process of assessing property values and reviewing appraisal districts in Texas.

Budget and Finance

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB2553