TX HB5055

Requires the comptroller to establish a mandatory training course (minimum 4 hours) for appraisal district board of directors members, with training materials available online and a fee of up to $50 per person

Board members must complete the training course before each term and cannot vote, deliberate, or be counted for attendance until they receive a certificate of completion

Candidates for appraisal district board positions must sign an acknowledgment form listing 24 specific statutory duties before being appointed or filing for election

Changes property reappraisal requirements from "periodic" to "annual," requiring all real and personal property to be reappraised by the chief appraiser each year

Modifies the residence homestead appraisal cap calculation by removing references to prior reappraisal cycles, simplifying the formula to compare current market value against the 10% annual increase limit