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A BILL TO BE ENTITLED
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AN ACT
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relating to the determination of the value of land that is appraised |
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as a census of properties by the comptroller of public accounts when |
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conducting the study of school district property values. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 403.302, Government Code, is amended by |
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adding Subsection (b-1) to read as follows: |
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(b-1) In conducting the study, the comptroller shall, when |
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determining the value of land that is appraised as a census of |
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properties in a school district, including land that is appraised |
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on the basis of its productive capacity, ensure that appropriate |
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adjustments are made in the study to account for adjustments made to |
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the value, including the productivity value if applicable, of |
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individual properties included in the census of properties |
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resulting from protests determined under Section 41.43, Tax Code. |
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SECTION 2. The change in law made by this Act applies only |
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to the study conducted under Section 403.302, Government Code, for |
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a tax year that begins on or after January 1, 2026. The study for a |
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tax year that begins before that date is covered by the law in |
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effect immediately before the effective date of this Act, and the |
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prior law is continued in effect for that purpose. |
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SECTION 3. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2025. |