SB1605 - Relating to the determination of the value of land that is appraised as a census of properties by the comptroller of public accounts when conducting the study of school district property values.

  89R9229 CJC-F     By: Hinojosa of Nueces S.B. No. 1605       A BILL TO BE ENTITLED   AN ACT   relating to the determination of the value of land that is appraised   as a census of properties by the comptroller of public accounts when   conducting the study of school district property values.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 403.302, Government Code, is amended by   adding Subsection (b-1) to read as follows:           (b-1)     In conducting the study, the comptroller shall, when   determining the value of land that is appraised as a census of   properties in a school district, including land that is appraised   on the basis of its productive capacity, ensure that appropriate   adjustments are made in the study to account for adjustments made to   the value, including the productivity value if applicable, of   individual properties included in the census of properties   resulting from protests determined under Section 41.43, Tax Code.          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, 2026.  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 September 1, 2025.