1-1     By:  Cain                                              S.B. No. 869
 1-2           (In the Senate - Filed March 4, 1999; March 8, 1999, read
 1-3     first time and referred to Committee on Finance; April 19, 1999,
 1-4     reported adversely, with favorable Committee Substitute by the
 1-5     following vote:  Yeas 8, Nays 0; April 19, 1999, sent to printer.)
 1-6     COMMITTEE SUBSTITUTE FOR S.B. No. 869                 By:  Moncrief
 1-7                            A BILL TO BE ENTITLED
 1-8                                   AN ACT
 1-9     relating to the treatment of property appraised by more than one
1-10     appraisal district in the determination of school district property
1-11     values by the comptroller of public accounts.
1-12           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-13           SECTION 1.  Section 403.302, Government Code, is amended by
1-14     adding Subsection (h) to read as follows:
1-15           (h)  If the appraised value of property as entered on the
1-16     appraisal records of the appraisal district that appraises property
1-17     for the school district is the value calculated under Section
1-18     6.025(e), Tax Code, that value is considered for purposes of this
1-19     section to be, as applicable, the market value or productivity
1-20     value of the property determined by the appraisal district.
1-21           SECTION 2.  This Act takes effect September 1, 1999.
1-22           SECTION 3.  The importance of this legislation and the
1-23     crowded condition of the calendars in both houses create an
1-24     emergency and an imperative public necessity that the
1-25     constitutional rule requiring bills to be read on three several
1-26     days in each house be suspended, and this rule is hereby suspended.
1-27                                  * * * * *