TX HB776

Amends the definition of "eligible school district" for the comptroller's school district property value study by removing two qualifying criteria

Eliminates the requirement that a district's aggregate local value of sampled property categories be at least 90 percent of the lower limit of the comptroller's margin of error

Removes the requirement that the appraisal district be in compliance with the comptroller's most recent review scoring requirement under Tax Code Section 5.102

Retains only two criteria for eligibility: the local value must be invalid and not exceed the state value in the most recent study, and the district must have had valid local values in the two preceding studies

Applies to property value studies conducted for tax years beginning on or after January 1, 2026, with immediate effect if passed by two-thirds vote or September 1, 2025 otherwise