TX HB4740

Modifies the definition of "eligible school district" for purposes of the comptroller's property value study by removing the requirement that the district's local value was valid in the two studies preceding the most recent study, requiring only that it was valid in the most recent study

Eliminates the requirement that an appraisal district must be in compliance with the scoring requirement of the comptroller's most recent review under Section 5.102 of the Tax Code for a school district to be considered eligible

Retains requirements that an eligible school district must have an invalid local value in the most recent study that does not exceed the state value, and that the aggregate local value of sampled property categories must be at least 90% of the lower limit of the margin of error

Takes effect January 1, 2026