SRC-PNG C.S.S.B. 869 76(R)BILL ANALYSIS Senate Research CenterC.S.S.B. 869 76R10506 SMH-FBy: Cain Finance 4/18/1999 Committee Report (Substituted) DIGEST Currently, the Government Code is silent on the treatment of property appraised by more than one appraisal district in the determination of school district property values, for the purposes of the comptroller of public accounts' property value study. This bill would provide for the treatment of property appraised by more than one appraisal district in the determination of school district property values, for the purposes of the comptroller of public accounts' property value study. PURPOSE As proposed, C.S.S.B. 869 provides for the treatment of property appraised by more than one appraisal district in the determination of school district property values, for the purposes of the comptroller of public accounts' property value study. RULEMAKING AUTHORITY This bill does not grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. Amends Section 403.302, Government Code, by adding Subsection (h), as follows: (h) Provides that if the appraised value of property as entered on the appraisal records of the appraisal district that appraises property for the school district is the value calculated under Section 6.025(e), Tax Code, that value is considered for purposes of this section to be, as applicable, the market value or productivity value of the property determined by the appraisal district. SECTION 2. Effective date: September 1, 1999. SECTION 3. Emergency clause. SUMMARY OF COMMITTEE CHANGES SECTION 1. Amends Section 403.302, Government Code, to delete the proposed Subsection (h), and add a new Subsection (h), to provide that if the appraised value of property as entered on the appraisal records of the appraisal district that appraises property for the school district is the value calculated under Section 6.025(e), Tax Code, that value is considered for purposes of this section to be, as applicable, the market value or productivity value of the property determined by the appraisal district.