TX HB2743

Requires the comptroller to transfer surplus state funds to a dedicated account within 90 days of each biennium, with the transfer amount being the greater of $1.5 billion or 10% of the estimated ending certification balance (less transfers)

Creates a dedicated account in the general revenue fund exclusively for property tax relief purposes

Restricts money in the dedicated account to be appropriated only for ad valorem (property) tax relief

Allows the legislature to appropriate additional funds beyond the mandatory transfer to the property tax relief account from general-purpose revenue

Takes effect September 1, 2025, but applies beginning with the state fiscal biennium starting September 1, 2027