HB 779

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.

Principle Criteria

Free Enterprise

Property Rights

Personal Responsibility

Limited Government

Individual Liberty

Digest

HB 779 increases the margin of error allowable in the Comptroller's property value studies for determining whether local school district values are valid. It raises the margin from 5 percent to 15 percent to account for sample size constraints in determining property valuations. The law takes effect on September 1, 2025, applying to studies conducted for tax years starting January 1, 2026.

Author (1)

Cody Vasut

Contact the Author

Rep. Cody Vasut

Capitol Phone:

(512) 463-0564

Capitol Office:

EXT E1.314

E-Mail:

[email protected]

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