Signed Into Law
Signed May 27, 2025Effective 2026-01-01
SB1023

Regular Session

Relating to the calculation of certain ad valorem tax rates.

Government Affairs & Regulatory Compliance Analysis

Business Impact

Who SB1023 Affects

Regulatory Priority: moderate

Notable regulatory updates (effective 2026-01-01). Consider how these changes may affect your operations.

Estimated Cost Impact

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Compliance Analysis

Key implementation requirements and action items for compliance with this legislation

Immediate Action Plan

Operational Changes Required

Strategic Ambiguities & Considerations

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Information presented is for general knowledge only and is provided without warranty, express or implied. Consult qualified government affairs professionals and legal counsel before making compliance decisions.

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Quick Reference

Frequently Asked Questions

Common questions about SB1023

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What does Texas SB1023 do?

SB1023 transforms property tax rate calculation from a simple data-entry task into a mandatory digital evidence submission process, requiring hyperlinks for all input values effective Tax Year 2026. This law forces immediate software updates for GovTech vendors and scope-of-work revisions for tax consultants and legal counsel serving local governments to accommodate granular Reinvestment Zone (TIF) accounting and document hosting.

Q

Who authored SB1023?

SB1023 was authored by Texas Senator Paul Bettencourt during the Regular Session.

Q

When was SB1023 signed into law?

SB1023 was signed into law by Governor Greg Abbott on May 27, 2025.

Q

Which agencies enforce SB1023?

SB1023 is enforced by Comptroller of Public Accounts and County Assessor-Collectors.

Q

How significant are the changes in SB1023?

The regulatory priority for SB1023 is rated as "moderate". Businesses and organizations should review the legislation to understand potential impacts.

Q

What is the cost impact of SB1023?

The cost impact of SB1023 is estimated as "low". This may vary based on industry and implementation requirements.

Q

What topics does SB1023 address?

SB1023 addresses topics including taxation, taxation--property-assessment & collection, taxation--property-tax rate, reinvestment zones and comptroller of public accounts.

Q

What are the key dates for SB1023?

Key dates for SB1023: Effective date is 2026-01-01. Rulemaking: Must update electronic tax rate calculation forms (Section 5.07) to support hyperlinks for evidentiary documents and separate calculations for each reinvestment zone. (Prior to 2026 Tax Year). Consult with legal counsel regarding applicability.

Q

Which Texas businesses are affected by SB1023?

SB1023 primarily affects property owners and real estate professionals. These businesses should review the legislation with their legal and compliance teams to understand potential impacts.

Legislative data provided by LegiScanLast updated: January 25, 2026