By: Leo Wilson H.B. No. 121       A BILL TO BE ENTITLED   AN ACT   relating to the definition of "eligible school district" for   purposes of the study of school district property values conducted   by the comptroller of public accounts.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 403.3011(2), Government Code, is amended   to read as follows:                (2)  "Eligible school district" means a school district   for which the comptroller has determined the following:                      (A)  in the most recent study, the local value is   invalid under Section 403.302(c) and does not exceed the state   value for the school district determined in the study; and                      (B)  in the two studies preceding the most recent   study, the school district's local value was valid under Section   403.302(c)[;                      [(C)  in the most recent study, the aggregate   local value of all of the categories of property sampled by the   comptroller is not less than 90 percent of the lower limit of the   margin of error as determined by the comptroller of the aggregate   value as determined by the comptroller of all of the categories of   property sampled by the comptroller; and                      [(D)  the appraisal district that appraises   property for the school district was in compliance with the scoring   requirement of the comptroller's most recent review of the   appraisal district conducted under Section 5.102, Tax Code].          SECTION 2.  The change in law made by this Act applies only   to a study conducted under Section 403.302, Government Code, for a   tax year that begins on or after January 1, 2026. A study conducted   before that date is governed by the law in effect immediately before   the effective date of this Act, and the former 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 on the 91st day after the last day of the   legislative session.