88S30157 SHH-D
 
  By: Rogers H.B. No. 167
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the margin of error to be used by the comptroller of
  public accounts in connection with the property value study to
  determine whether the local value for a school district is valid.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 403.302(c), Government Code, is amended
  to read as follows:
         (c)  If after conducting the study the comptroller
  determines that the local value for a school district is valid, the
  local value is presumed to represent taxable value for the school
  district. In the absence of that presumption, taxable value for a
  school district is the state value for the school district
  determined by the comptroller under Subsections (a) and (b) unless
  the local value exceeds the state value, in which case the taxable
  value for the school district is the district's local value. In
  determining whether the local value for a school district is valid,
  the comptroller shall use a margin of error that does not exceed 10
  [five] percent unless the comptroller determines that the size of
  the sample of properties necessary to make the determination makes
  the use of such a margin of error not feasible, in which case the
  comptroller may use a larger margin of error.
         SECTION 2.  The change in law made by this Act applies only
  to the study conducted under Section 403.302, Government Code, for
  a tax year that begins on or after January 1, 2024. The study for a
  tax year that begins before that date is covered by the law in
  effect immediately before the effective date of this Act, and the
  prior law is continued in effect for that purpose.
         SECTION 3.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect on the 91st day after the last day of the
  legislative session.