TX HB4217

Requires appraisal district board directors to be elected by voters rather than appointed by taxing units, with two directors elected from each of the four county commissioners precincts and one elected at large, serving staggered two-year terms beginning with the November 2026 election

Mandates training for appraisal district board members on open government requirements and board operations, with members who fail to complete training within 30 days becoming ineligible to serve

Extends the 10% annual appraisal cap (currently applying only to homesteads) to all single-family residential real property, with annual increases limited to the sum of the inflation rate plus the state's population growth rate as determined by the comptroller

Requires the purchase price paid by a bona fide purchaser to be used as the market value for the first tax year of ownership for single-family residential property, with property owners required to apply for this limitation

Adds eligibility requirements for appraisal review board members, including ownership of real property in the district and at least five years of experience in finance, real estate, or business, while removing the three-term limit for members in counties with populations of 120,000 or more