Relating to the establishment of the property value study task force.
relating to the establishment of the property value study task
force.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. (a) In this section, “task force” means the
property value study task force.
(b) The task force is established to examine the use and
impacts of the property value study conducted by the comptroller of
public accounts under Section 403.302, Government Code, and to
develop recommendations on the elimination of the property value
study and alternative methods by which the goals of the property
value study may be accomplished.
(c) The task force is composed of nine members appointed as
follows:
(1) two members appointed by the governor to represent
the interests of taxpayers;
(2) one member appointed by the governor to represent
appraisal districts;
(3) two members appointed by the governor to represent
local taxing units;
(4) two members of the senate, appointed by the
lieutenant governor; and
(5) two members of the house of representatives,
appointed by the speaker of the house of representatives.
(d) A task force member is not entitled to compensation for
service on the task force but is entitled to reimbursement for
actual and necessary expenses incurred in performing task force
duties. The task force may accept gifts, grants, and donations to
pay for those expenses.
(e) The task force shall choose the presiding officer from
among their members.
(f) The task force shall meet at least quarterly at the call
of the presiding officer.
(g) Notwithstanding Chapter 551, Government Code, or any
other law, the task force may meet by telephone conference call,
videoconference, or other similar telecommunication method. A
meeting held by telephone conference call, videoconference, or
other similar telecommunication method is subject to the
requirements of Sections 551.125(c), (d), (e), and (f), Government
Code.
(h) The task force shall examine:
(1) the effects of the property value study on
appraisals and all taxing units;
(2) the administrative burden the property value study
imposes on appraisal districts, the comptroller of public accounts,
and local taxing units;
(3) the effectiveness of the property value study in
achieving its purpose as defined in Section 403.301, Government
Code;
(4) the viability of alternative means and methods to
ensure the accuracy of the determination of the value of taxable
property for the purpose of the equitable distribution of financial
aid for public education in this state; and
(5) the correlation of results between the property
value study and other appraisal district studies conducted by the
comptroller of public accounts including the appraisal district
ratio study, methods and assistance program, and targeted appraisal
review program.
(i) The task force may request relevant information from the
comptroller of public accounts; the entity receiving the request
shall comply with the request.
(j) The task force shall develop recommendations for the
most appropriate methods by which to address issues identified with
the continued use of the property value study, which may include the
elimination or replacement of the property value study.
(k) The task force shall develop and submit a written report
on the use of the property value study and recommendations
developed by the task force to the governor, the lieutenant
governor, the speaker of the house of representatives, and each
member of the legislature not later than November 1, 2026.
(l) The task force is abolished and this Act expires June 1,
2027.
SECTION 2. 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.
