Texas HB4324 amends appraisal district studies and reviews by the comptroller, setting a margin of error and alternating year assessments.

Texas HB4324 modifies the appraisal district studies and reviews conducted by the comptroller of public accounts. It mandates that the comptroller use a margin of error not exceeding 10 percent in determining the validity of local values for school districts, unless a larger margin is necessary. The bill also requires the comptroller to conduct these studies and reviews for school districts where appraisal districts assess property in alternating years. The changes apply to studies and reviews beginning on or after January 1, 2026, with prior laws continuing in effect for earlier years.

Texas HB4324 amends appraisal district studies and reviews by the comptroller, setting a margin of error and alternating year assessments.

Texas HB4324 modifies the appraisal district studies and reviews conducted by the comptroller of public accounts. It mandates that the comptroller use a margin of error not exceeding 10 percent in determining the validity of local values for school districts, unless a larger margin is necessary. The bill also requires the comptroller to conduct these studies and reviews for school districts where appraisal districts assess property in alternating years. The changes apply to studies and reviews beginning on or after January 1, 2026, with prior laws continuing in effect for earlier years.