SB1605 amends the study of school district property values to include adjustments for property value changes due to protests.
SB1605 modifies the study of school district property values conducted by the comptroller of public accounts. It requires the comptroller to adjust the value of land appraised as a census of properties, including land appraised based on its productive capacity, to account for changes in value due to protests. The changes apply to studies conducted for tax years beginning on or after January 1, 2026. If the bill receives a two-thirds majority vote, it takes effect immediately; otherwise, it takes effect September 1, 2025.
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