Bill > HB4324

This bill modifies how the Texas Comptroller conducts studies and reviews of appraisal districts, primarily focusing on changing two key aspects. First, the bill increases the acceptable margin of error for determining the taxable value of school district properties from five to ten percent, allowing more flexibility when the sample size of properties makes a strict five-percent margin impractical. Second, the bill introduces a new provision that encourages the Comptroller to conduct the property value study (required under Section 403.302 of the Government Code) and the appraisal district review (required under Section 5.102 of the Tax Code) in alternating years for each school district and its corresponding appraisal district. This change aims to spread out the administrative burden of these evaluations while still ensuring comprehensive property value assessments. The modifications will apply to studies and reviews conducted for years beginning on or after January 1, 2026, and the bill is set to take effect on September 1, 2025, giving local governments and the Comptroller time to prepare for the new procedures.

Budget and Finance

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB4324