Bill > HB4740

This bill modifies the definition of an "eligible school district" in the Texas Government Code, specifically updating the criteria for how the comptroller determines which school districts qualify for a particular property value study. The bill removes two previous conditions: first, the requirement that a school district's local value was valid in the two studies preceding the most recent study, and second, a provision about the appraisal district's compliance with the comptroller's scoring requirements. Instead, the bill now focuses on three key criteria: the local value must be invalid in the most recent study and not exceed the state value, the local value must have been valid in the most recent study, and the aggregate local value of sampled property categories must be at least 90 percent of the lower limit of the comptroller's margin of error. These changes appear to streamline the process for determining eligible school districts in property value studies, potentially making the assessment more straightforward and focused on the most recent data. The bill is set to take effect on January 1, 2026, giving stakeholders ample time to prepare for the new requirements.

Budget and Finance

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB4740